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Capitalism seems to be the best of the possible solutions to the resource utilization problem. Bitcoin seems to be just the latest in a long string of events s
by djoldman 6y ago
Capitalism seems to be the best of the possible solutions to the resource utilization problem.
Bitcoin seems to be just the latest in a long string of events suggesting that humans are irrational, not necessarily that capitalism or markets are bad.
If Bitcoin were processing a zillion transactions at a very very low fee per transaction, I believe few people would be saying it was a waste of resources.