4 ms·
It's reaching the point where you have to consider external motivations to damaging Bitcoin's credibility. The only thing keeping me out of full-on tinfoil hat
by tacos 10y ago
It's reaching the point where you have to consider external motivations to damaging Bitcoin's credibility. The only thing keeping me out of full-on tinfoil hat mode is that this stuff just felt shady and douchebag riddled from day one.
- bsder 10y agoThe fact that coins could be "mined" was the problem from day 1. This created a pyramid scheme/gold rush system that tainted everything. Of course, if you are holding a large chunk of the initial coins, this is exactly what you want. In addition, there are always lots of people willing to fall for pyramid schemes, so it's good to bootstrap adoption. Once Bitcoin finishes being "mined out", we'll see if it has any value. I suspect that answer is "not".