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> What about a protocol regulated by mathematics and well-designed economic game theory... Well, THAT protocol is turning out to be a vehicle for investment th
by crispyambulance 7y ago
> What about a protocol regulated by mathematics and well-designed economic game theory...
Well, THAT protocol is turning out to be a vehicle for investment thrill-rides, where extreme volatility seems to be the central, most defining characteristic. I mean, if you put a bitcoin in your pocket, you have no idea what it will be worth when you pull it out of your pocket.
Currency should be a medium for exchanging goods and services. It should be boring and reliable.
- em-bee 7y agoturns out it is not all that well designed...