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I don't really know why this is being downvoted, BTC and cryptocurrencies are really interesting economically. Even if they have no direct impact on society as
by albertgoeswoof 9y ago
I don't really know why this is being downvoted, BTC and cryptocurrencies are really interesting economically. Even if they have no direct impact on society as a whole it's valuable to see proposed alternatives to our banking and financial systems put forward and discussed in detail (e.g. it really exposes what a bank / government actually provides)
- simias 9y agoI'm guessing that my snide remark about reinventing the banking system didn't really help my case but I couldn't resist. But yeah, technically and economically it's pretty fascinating I think. The only downside is that the very high valuation makes it hard to have a reasonable discussion with people on either side of the fence. It's not longer a fun classroom experiment when billion of dollars are involved.