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I'm strongly reminded of "I’m a Former Green Beret and Here’s How I Would Bring Down Bitcoin"[1] (which I see is so popular it was just re-posted to HN after a
by maxander 11y ago
I'm strongly reminded of "I’m a Former Green Beret and Here’s How I Would Bring Down Bitcoin"[1] (which I see is so popular it was just re-posted to HN after a week). Only, instead of "bring down," the objective is control; much more money to be made that way, I suppose.
I suspect that Bitcoin's lasting value, at this point, will be as an object lesson in what happens to decentralized, open-source projects (particularly those that have placed themselves "beyond regulation") once they start to have direct, and significant, monetary value. I don't think that it will teach libertarians to love strong government, but perhaps it make the views of such crowds, overall, more nuanced and less absolutist.
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[1]https://news.ycombinator.com/item?id=11191416 https://news.ycombinator.com/item?id=11191416