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I made no comment on Bitcoin or other cryptocurrencies replacing the Federal Reserve. I am arguing that Bitcoin and other cryptocurrencies are, 1) Not worthless
by seibelj 8y ago
I made no comment on Bitcoin or other cryptocurrencies replacing the Federal Reserve. I am arguing that Bitcoin and other cryptocurrencies are, 1) Not worthless, 2) Not a scam, 3) Have interesting technical properties that are worthy of study and improvement, 4) Have real-world utility, and 5) Should not be immediately dismissed by HN groupthink.
- Retra 8y agoAnd blockchain peddlers can certainly over-promise/under-deliver without contradicting any of those points.