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> since the interests of a few ultimately triumphed over the best interests of the system as a whole Is it in the best interests of "the system" (interesting c
by webXL 5y ago
> since the interests of a few ultimately triumphed over the best interests of the system as a whole
Is it in the best interests of "the system" (interesting choice of words... instead of "the many") to require enterprise infrastructure in order to run a node?
- skohan 5y agoBitcoin used to be a currency, now it's nothing more than a speculative asset. Are "the many" being served by that?
- atweiden 5y agoAre “the many” being served by USD inflation rn? And can you name a cryptocurrency which is anything other than a speculative store of value, and not something whose market cap is based on drum beating over social media?
- skohan 5y ago> Are “the many” being served by USD inflation rn? That's a nice false equivalency, but I can go to the store and buy bread with USD. Where can I do that with cryptocurrency? > And can you name a cryptocurrency which is anything other than a speculative store of value, and not something whose market cap is based on drum beating over social media? Yes! Bitcoin circa 2014
- imtringued 5y agoIf those are the sacrifices you have to make then it failed completely.