> Because bitcoin requires substatial inputs... it will end up being controlled by whoever controls the most capital Huh? Whoever has the most capital has the

> Because bitcoin requires substatial inputs... it will end up being controlled by whoever controls the most capital Huh? Whoever has the most capital has the most capital? I don't get it. > Citation needed The boom/bust cycle is caused by what we declare to be the solution: active management and printing of the money supply as desired to achieve short-term economic or political goals. > an anonymous market manipulator caused bitcoin to top $20k I was speaking about the money supply, not the price. Dunno if you meant to misinterpret or not. But regardless, even that criticism isn't really doable at the scale Bitcoin will achieve. > I'm sure that'll work... I don't consider this to be a real criticism. I don't consider any scaling criticism to be valid, because they all come from the perspective of "Bitcoin hasn't scaled already, therefore it will never scale." 80% of software engineering is scaling. It's what we do, it's what's being done. It's a lazy argument. For it to be interesting, you have to tell me why Bitcoin can't scale, ever, in principle.