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I think there are two groups, one that shapeshifts and moves goalposts for the purpose of selling coins at a profit (either offloading a huge stash or being on
by jabgrabdthrow 8y ago
I think there are two groups, one that shapeshifts and moves goalposts for the purpose of selling coins at a profit (either offloading a huge stash or being on the right side of the bubble cycle), and another that treats it like a portfolio piece next to their gold coins.
The first is truly impossible to reason with. For the second, the event is simple: breaking the crypto or the crypto-economics in a way that prevents it from being scarce and “decentralized” (what’s it called when something is “actually, very centralized” but I can use it to move $50m across the rio grande?). How do you convince a goldbug that gold isn’t valuable because their lifetimes are not going to be thousands of years?