IcePee

And now, the physical licence path is even less accessible. The thing with the physical licence key is it's transferrable even if the actual data is stored elsewhere. It's a thin veneer, I mean, Sony could gate access to this data to the first account/machine that activated it. So even this advantage is taken away.

This is yet another nail in the coffin of physical media. Or, in other words games you actually own instead of long term lease.

I think Sony never wanted a physical media PS5 console. The design made it seem like an after thought. Like a growth on the side of sleek lines.

That's quite a privileged point of view. Take a look at: https://en.wikipedia.org/wiki/Hyperinflation#Notable_hyperinflationary_periods. In the crypto world, this is the very definition of a pump and dump. Except the pumping in the fiat world is the money supply and a dumping is the value. As for scam coins, I disagree, the scam isn't usually the currency (we'll, not more than fiat) it may be created and used to facilitate a scam, but unless the creator programmed in a flaw that can be taken advantage of, it currency itself isn't the scam. And since scam creators are usually lazy, ignorant, or just optimising for returns, most of the code behind their coins have been forked from other, more legitimate crypto projects.

Sweet! Although I do wish they could expand the access, at least give read-write access even if it is only for that session.

While it's a bit off topic regarding the question, if you want a quick glimpse of what's out there, try https://distrosea.com/

What I am trying to get through to you is, just like how the LIBOR scandal doesn't implicate fiat, scammy crypto projects doesn't implicate crypto. My criticism of fiat is it's fundamental systemic weaknesses. It seems your criticism of crypto is it's used by scammers. A criticism that, incidentally can also be levied at fiat.

The main difference between these "shit coins" and fiat is once the shit coin scammers eventually pull the rug, they cannot just print more of that coin. Fiat scammers can just print more of that currency.

But in both situations one does need to look at the economics of the coins, and the priors of the people in control.

I think I didn't make myself clear. When I said "by volume" I meant was the amount of value the different systems hold and the amount of if not outright fraud, negative aspects of the systems. The fiat money systems' money supply has a fundamental weakness, it can be created out of thin air so is constantly loosing value. Think of all the investment vehicles or other assets that tie themselves to this loosing value asset. Trillions in USD. And what's it all backed by? Ultimately guns. Well most crypto currency is backed by maths and no matter how many guns you point at it, you cannot make 2+2= anything other than 4.

While I support crypto you gotta pick your asset. And, boy this is a dud.

I would say the fiat money system is the biggest con, at least by volume. What with all the quantitative easing and fractional reserve banking.

I wonder what he had to give up in the plea deal.