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I mean, it's going to do its thing whether you are convinced or not.
by briefcomment 6y ago
I mean, it's going to do its thing whether you are convinced or not.
- newnamenewface 6y agoNo, a swarm of autonomous actors in a decentralized system will continue to support it so long as it's profitable and legal (or at the very least, easy enough to get away with). Those are two huge assumptions for e.g. Bitcoin which has very little inherent value as a tool and is a relatively fragile as a value store. Should the internet be fragmented along national/political lines, I imagine BTC will lose most of its value over night.
- briefcomment 6y agoBlack swan events like that would effect everything. I imagine bitcoin succeeding is no less likely than any other culturally dependent phenomenon, seeing how much utility and incentive for adoption it provides.