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> You know what would be revolutionary? Getting rid of currency altogether. I would like to see your plans for this ;) Jokes aside, I think that Bitcoin attra
by CapmCrackaWaka 6y ago
> You know what would be revolutionary? Getting rid of currency altogether.
I would like to see your plans for this ;)
Jokes aside, I think that Bitcoin attracting greedy people was inevitable. Bitcoin _was_ revolutionary in that it was a new financial instrument. Couple that with its explosion in value, and the 'hustle bros' will definitely come flocking trying to take advantage. However, if you were a part of it before it became popular, you would definitely know that it started as an oddity, a hobby for cryptographic enthusiasts. The hustle bros didn't write the protocol or sit around scheming about how to design this thing so they can scam people. It doesn't necessarily mean that Bitcoin is inherently bad, but its nature (decentralized, anonymous payments, complex, end users mostly don't understand the details) makes it ripe for the scams you mentioned.