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I suppose they're being rewarded for their insight. Additionally, if you're just thinking of bitcoin as a currency, and not a global social paradigm shift, I t
by Kinnard 11y ago
I suppose they're being rewarded for their insight.
Additionally, if you're just thinking of bitcoin as a currency, and not a global social paradigm shift, I think you're missing the point.
You can issue your own currency on top of the Bitcoin blockchain— among the other myriad uses.
This is about emancipation even more than enrichment.
- loceng 11y agoMuch like an investor who claims to offer 40% returns, so you give him money - and then he gives you someone elses' money to convince you of his great returns. Of course that money is from someone who also bought into the scam. This goes on until someone catches on - or the person runs with everyone's money without paying that final amount; sells off their ownership into real currency. There's a reason pyramid schemes are illegal. Why can't a global social paradigm shift occur in a different way? It's the current structure of Bitcoin, not the other values that it does provide. If it didn't provide those other potentials then it would of had a much more difficult time taking off and getting adoption from anyone.
- vectorpush 11y ago/eyeroll. Bitcoin is not a global paradigm shift; it's an interesting technical novelty with some niche use cases. The never-ending hyperbolic glorification of bitcoin is a great way to foment the idea that bitcoin isn't worth taking seriously. > This is about emancipation even more than enrichment.
- s73v3r 11y agoI'm sorry, but this kind of pretentious schlock ("global paradigm shift", "emancipation") just makes me want Bitcoin to fail even harder. It's probably a nifty technology. Stop talking about it like it's the second coming of Jesus.