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As insufferable as the bitcoin True Believers are, so too are those who claim it is trivially true it is a worthless scam currency. If scientific inference on t
by natalyarostova 9y ago
As insufferable as the bitcoin True Believers are, so too are those who claim it is trivially true it is a worthless scam currency. If scientific inference on the world were easy, we wouldn't be so awful at predicting the future, and we wouldn't rely on randomized experiments (or observational causal inference) to uncover most truths we have uncovered as a species.
The technology and use of bitcoin as a store of value is an open experimental question. The experiment is currently in progress. To believe you can infer the truth so clearly, either for or against, is the natural naïveté of the uncalibrated human mind.
Not to claim no one can ever know the future, or that some people aren't talented at prediction. All the same, there are particularly bright people who can't come to an agreement on the future state of bitcoin and was it will offer. Why is that? Is one set simply wrong, so clearly?