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Kill it. It's gone now. So what happens next? Ethereum will be #1. I guess you want to take it down too. It will be tougher job since all those smart contracts

Kill it. It's gone now. So what happens next? Ethereum will be #1. I guess you want to take it down too. It will be tougher job since all those smart contracts are not just "dumb coin money" anymore, but let's say you succeed with that too. What's next? Start a global brainwashing program to erase the idea of a decentralized network from the mind of people? It will only create a situation like we see with the war on drugs. Drugs won, at least we should learn from it. BTC might be a financial drug, but declaring war on it is equally pointless. Point is, it might be possible to kill BTC, but the core ideas are here to stay with us on the long run. The genie is out of the bottle and it's not going back.

beyondcompute 6y ago
“Interesting” logic. “We eradicate HIV. So what? Malaria will occupy it’s place in the list of deadly diseases. We stop serial killer A. So what? Serial killer B will become number 1. We stopped all burglars. So what? Cyber-crime becomes the leading threat! It’s too late, the idea of the crime is out of the bottle! What do you want, to start global brainwashing operation to tell people that stealing is bad?!” Well yes. Why not start a “global brainwashing program” of explaining to folks that burning a noticeable share of world’s energy to create a mechanism that is outside of control of (ideally) democratic and therefore accountable governments and is to a good degree under control of shady groups is not such a good idea? Additional note for those interested. A while ago I watched a lecture by Francis Fukuyama where he talks among other things about states which collapse simply because they’ve lost effective control over part of their territory. That’s actually pretty scary and makes you think. It’s good when a government is able to control a certain thing but doesn’t. And it’s a different story when a government simply cannot do anything. https://www.youtube.com/watch?v=rKq_YvC1R14 https://www.youtube.com/watch?v=rKq_YvC1R14 P.S. Drugs are actually a bad example. Most of them haven’t won at all. And in many places they were practically driven out (including alcohol). Their price increases when you prohibit them. Their effectiveness does not depend on the number of users, etc.

beyondcompute 6y ago

“Interesting” logic. “We eradicate HIV. So what? Malaria will occupy it’s place in the list of deadly diseases. We stop serial killer A. So what? Serial killer B will become number 1. We stopped all burglars. So what? Cyber-crime becomes the leading threat! It’s too late, the idea of the crime is out of the bottle! What do you want, to start global brainwashing operation to tell people that stealing is bad?!” Well yes. Why not start a “global brainwashing program” of explaining to folks that burning a noticeable share of world’s energy to create a mechanism that is outside of control of (ideally) democratic and therefore accountable governments and is to a good degree under control of shady groups is not such a good idea? Additional note for those interested. A while ago I watched a lecture by Francis Fukuyama where he talks among other things about states which collapse simply because they’ve lost effective control over part of their territory. That’s actually pretty scary and makes you think. It’s good when a government is able to control a certain thing but doesn’t. And it’s a different story when a government simply cannot do anything. https://www.youtube.com/watch?v=rKq_YvC1R14 https://www.youtube.com/watch?v=rKq_YvC1R14 P.S. Drugs are actually a bad example. Most of them haven’t won at all. And in many places they were practically driven out (including alcohol). Their price increases when you prohibit them. Their effectiveness does not depend on the number of users, etc.