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None of his arguments are invalid save the "early adopter wins" scenario. On every other count he either misunderstands current banking systems, bitcoin, prese
by pathjumper 15y ago
None of his arguments are invalid save the "early adopter wins" scenario.
On every other count he either misunderstands current banking systems, bitcoin, presents a pseudo-argument, or some combination of all three. Honestly, except for the early adopter winning part, the whole thing reads like a shill post designed to do nothing but defame bitcoin. He even calls it a scam. By that measure The Fed is the biggest scam that ever invented if you look at who receives the "printed money" first. They are the "early adopters" in his "bitcoin is a scam" analogy. And they are still in power. So does that really make it any worse?