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See I view it on the other side. Someone who has studied currencies that weren’t backed by nation states (or worse were actively worked against) would pretty ea
by kasey_junk 9y ago
See I view it on the other side. Someone who has studied currencies that weren’t backed by nation states (or worse were actively worked against) would pretty easily find reason to take that bet.
His entire position is that currencies are the domain of nation states. It’s a reasoned position, based on his long distinguished career.
- Frogolocalypse 9y agoOh I get it. He doesn't understand how bitcoin works, and why would he? It is a very complex subject. Bitcoin is something very new, and all it took to make it work was the genius solution to the Byzantine Generals Problem unsolvability proof. Without that solution, decentralized crypto-currencies don't work. It is pure genius.