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I think bitcoin is kinda dumb too, but I do have some confidence in blockchain tech generally based on its history so far (ie, the good parts of bitcoin). > I
by jMyles 8y ago
I think bitcoin is kinda dumb too, but I do have some confidence in blockchain tech generally based on its history so far (ie, the good parts of bitcoin).
> I don't know where to begin with this Bitcoin crap
Begin by addressing the actual strengths of blockchain tech (I think the weaknesses are fairly stated in this thread).
So far, in its short life, it has provided:
1) A store of value that can be easily held on the person and that lives outside the state-corporate banking infrastructure
2) A way to buy psychoactive compounds and other medicines which have been wrongly (and violently) prohibited.
Although I have no problem with Pokemon, nor do I judge people's proclivity to collect them, I do think that cryptocurrency has already achieved something that Pokemon haven't.
edit: Ouch - quite a lot of downvotes with no rebuttal. I guess we're in an anti-blockchain mood this morning.
- mythrwy 8y agoA set of objective financial rules into a place full of whim, abuse, corruption and stupidity. And that idea is pretty powerful (even if the manifestations thus far still seem to be pretty much the above as well).
- joejerryronnie 8y agoI think you're underselling Pokemon.