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What he's describing is that the overwhelmingly vast majority of people (who are supposed to replace fiat with ctypto in the future) reside on one end of the
by ultraluminous 9y ago
What he's describing is that the overwhelmingly vast majority of people (who are supposed to replace fiat with ctypto in the future) reside on one end of the pole. The end with all the real-life, non-ideologically-constrained usability.
- shanusmagnus 9y agoThis is akin to assuming that internet users are a bunch of neckbeards and grad students who like to muck about configuring routers, just because that was where it started. Who knows what will wind up being the dominant use case in the future, or who will be the dominant user population. Maybe the ones who drive early adoption, and who govern the philosophical and technical direction, will turn into a tiny faction of stakeholders in the end, but maybe they continue to dominate technical development because they are the best stewards of the idea. Or maybe they're overthrown and it turns into something else, run by small business owners. Or the governments of third world countries. The point is that nobody knows how it will shake out. Acting like the current state of things is somehow 'wrong' is arrogant and historically uninformed.