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Saying it's meaningless is just being obtuse. History shows these economic bubbles don't happen every day, and there's something for people to learn here if the
by andrewmcwatters 9y ago
Saying it's meaningless is just being obtuse. History shows these economic bubbles don't happen every day, and there's something for people to learn here if they haven't experienced one or heard stories from friends or family that have.
> We saw it yesterday. We saw it last week. And a few months ago. And in 2016, and 2014, and 2012.
You do realize that economic bubbles rise and fall in the span of years, right? This isn't going to inflate and then pop next week.
- moduspol 9y agoThey don't need to read about tulip / dot-com bubbles in every single thread. It's not as if this viewpoint is novel, or some kind of secret. We get it. > You do realize that economic bubbles rise and fall in the span of years, right? Yes. And everyone making these bubble / tulip comparisons should acknowledge how the view is unfalsifiable.
- andrewmcwatters 9y agoYeah, people get it; which is why people are talking about it in the first place, how dense can you be?
- moduspol 9y agoWe don't need it in every thread. Cryptocurrencies and blockchains are significant technological innovations. There is more to discuss than making the same tired tulip comparisons.
- spookthesunset 9y ago> Cryptocurrencies and blockchains are significant technological innovations. Hardly. The Blockchain uses the same kind of underpinnings as git. In fact, for many applications git might even be a better data store than The Blockchain--it doesn't require a bajillion miners consuming several hydroelectric dams worth of power to stay online.