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Because it doesn't work. I wish it worked! It does feel like something out of a cyberpunk novel. I loved "Crypronomicon." There's nothing punk about Bitcoin an
by cwyers 5y ago
Because it doesn't work.
I wish it worked! It does feel like something out of a cyberpunk novel. I loved "Crypronomicon." There's nothing punk about Bitcoin anymore, though. IBM, the least punk organization in the history of mankind, wants to sell you a blockchain. The promise of Bitcoin is the idea that individuals, not large financial concerns, have the power. Coinbase just IPO'd for an eye watering amount of money on the premise that people who want to buy and sell Bitcoin are probably going to have to do it through them. What's less punk than an IPO?
- baby 5y agoThat’s a weird argument, because the big guys are trying to get into cryptocurrencies doesn’t make it less punk.
- httpsterio 5y agoit literally does mean that. Punk is a rebellion against the system, which is made out of the big guys.
- random_kris 5y agoMaybe the rebellion is happening and Bitcoin&friends are slowly winning
- realce 5y agoOh - just like punk did?
- ccortes 5y ago> The promise of Bitcoin is the idea that individuals, not large financial concerns, have the power. Bitcoin is not the only cryptocurrency out there. Besides, the fact that coinbase just had an IPO doesn't mean they control bitcoin, I don't need them or anyone else to move around cryptocurrencies however I want.
- wsc981 5y ago>Because it doesn't work. Bitcoin works well in plenty of ways. Bitcoin just doesn't work very well as a currency, but that ship has sailed and it's ok.
- Igelau 5y ago> that ship has sailed and it's ok. I've seen this comic, and the dog is melting in the next panel.
- HeadsUpHigh 5y agoThat's the weirdest take on why blockchain doesn't work I've seen so far. The entire point of these projects is that people do whatever they want with them. Monero exists if you want a purist approach and so does ergo.