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You think it's for good reason. Many people think it's for bad reason. Those people invented and developed Bitcoin. Now the people who think state has no busine

by snitko 9y ago

You think it's for good reason. Many people think it's for bad reason. Those people invented and developed Bitcoin. Now the people who think state has no business messing with money and private lives of people have an actual tool upon their hands.

TeMPOraL 9y ago
I will say those people are wrong, and they're only able to think that because they live in stable societies under rule of law, and have time to criticize somewhat abstract issues like this. Now don't get me wrong - I'm not saying the present balance of power between individual and the state is perfectly placed. But thinking about ditching states altogether is, presently, a pretty dumb idea, that only signals a lack of awareness of how the society works.
- snitko 9y ago
  In fact, the opposite is true. Most of the people who are open to Bitcoin live in third-world countries (including myself) and have a natural distrust for government. Also, saying some people "are wrong" is not an argument.
  - TeMPOraL 9y ago
    > Most of the people who are open to Bitcoin live in third-world countries (including myself) and have a natural distrust for government. That's an interesting claim. Is there a good Bitcoin use by country breakdown? Because my impression was, that with the notable exception of Brazil, Bitcoin is still mostly the techie-westerners thing. > Also, saying some people "are wrong" is not an argument. That's not an argument, just my current belief. It might be wrong.
    - snitko 9y ago
      > Is there a good Bitcoin use by country breakdown? No, because you can't effectively track wallets/usage. However, you can, for example, look at Google Trends: https://trends.google.com/trends/explore?date=today%205-y&q=bitcoin https://trends.google.com/trends/explore?date=today%205-y&q=...
- shkkmo 9y ago
  I would point out that I don't think anyone is saying that bitcoin and other altcoins should become the only, or even the main currencies in use. > You think it's for good reason. Many people think it's for bad reason. In reality, you are both right. There are both 'good' reasons and 'bad' reasons why the state wants control over monetary supply and flow. I feel that as electronic currency transactions has gained ground over cash, the 'bad' reasons have become stronger and more important. The question really is to if degree that bitcoin undermines the good reasons for state monetary control balances with the degree that it undermines the bad reasons. I suspect that as electronic transfers become increasingly ubiquitous, we will see the importance of bitcoin in maintaining personal freedom increase.

by snitko 9y ago

TeMPOraL 9y ago

I will say those people are wrong, and they're only able to think that because they live in stable societies under rule of law, and have time to criticize somewhat abstract issues like this. Now don't get me wrong - I'm not saying the present balance of power between individual and the state is perfectly placed. But thinking about ditching states altogether is, presently, a pretty dumb idea, that only signals a lack of awareness of how the society works.

snitko 9y ago
In fact, the opposite is true. Most of the people who are open to Bitcoin live in third-world countries (including myself) and have a natural distrust for government. Also, saying some people "are wrong" is not an argument.
- TeMPOraL 9y ago
  > Most of the people who are open to Bitcoin live in third-world countries (including myself) and have a natural distrust for government. That's an interesting claim. Is there a good Bitcoin use by country breakdown? Because my impression was, that with the notable exception of Brazil, Bitcoin is still mostly the techie-westerners thing. > Also, saying some people "are wrong" is not an argument. That's not an argument, just my current belief. It might be wrong.
  - snitko 9y ago
    > Is there a good Bitcoin use by country breakdown? No, because you can't effectively track wallets/usage. However, you can, for example, look at Google Trends: https://trends.google.com/trends/explore?date=today%205-y&q=bitcoin https://trends.google.com/trends/explore?date=today%205-y&q=...
shkkmo 9y ago
I would point out that I don't think anyone is saying that bitcoin and other altcoins should become the only, or even the main currencies in use. > You think it's for good reason. Many people think it's for bad reason. In reality, you are both right. There are both 'good' reasons and 'bad' reasons why the state wants control over monetary supply and flow. I feel that as electronic currency transactions has gained ground over cash, the 'bad' reasons have become stronger and more important. The question really is to if degree that bitcoin undermines the good reasons for state monetary control balances with the degree that it undermines the bad reasons. I suspect that as electronic transfers become increasingly ubiquitous, we will see the importance of bitcoin in maintaining personal freedom increase.