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I always think it's hilarious that people who call themselves Bitcoin enthusiasts will say things like "No one wants to live in a country where bitcoin has beco
by rvense 6y ago
I always think it's hilarious that people who call themselves Bitcoin enthusiasts will say things like "No one wants to live in a country where bitcoin has become vital for payments", when the original Bitcoin paper calls it "A Peer-to-Peer Electronic Cash System" and the introduction quite clearly suggests that it would be better for people if they used Bitcoin to replace trust with cryptography. Please just read the first two paragraphs: https://bitcoin.org/bitcoin.pdf https://bitcoin.org/bitcoin.pdf
(Or actually, read the whole thing, it's interesting, but it's obvious that the experiment really didn't turn out the way it was planned)
- Izkata 6y agoEven without reading that, "electronic cash" seemed obvious to me when I first heard about bitcoin: I could see digital artists using it to sell commissions. Especially adult art, since PayPal has (had?) a tendency to kick them off the platform once they find out what's being sold.
- xoralkindi 6y ago> (Or actually, read the whole thing, it's interesting, but it's obvious that the experiment really didn't turn out the way it was planned) Bitcoin set out to implement the ideas of Wei Dai's b-money system and was also inspired by 2008 financial crush. I think Bitcoin is a success from the cypherpunks/crypto-anarchy perscpective and it is the fruits of their discussions/debates.
- NicoJuicy 6y agoBitcoin is not inspired by the financial crisis. A project like that takes many years to research and develop.