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Such as? It was started as an experiment -- I think it's been an insanely successful experiment. Don't be pedantic here and claim it was supposed to be some kin
by hungryforcodes 5y ago
Such as? It was started as an experiment -- I think it's been an insanely successful experiment. Don't be pedantic here and claim it was supposed to be some kind of money, but it's not.
It's much more than that now, and in inspiring Etherium and all the other new paradigms, it's totally changed alot of people's thinking.
- flatline 5y agoThe bitcoin whitepaper puts forth some pretty clear ideological statements. Similar things had been tried before, this was the first successful, widespread attempt. I would hesitate to call it "experimental".
- mdoms 5y ago> Don't be pedantic here and claim it was supposed to be some kind of money, but it's not From the Bitcoin whitepaper, page 1 paragraph 1 sentence 1 > A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution What universe do you people live in?
- thebean11 5y agoSure, that's true but is it a useful take? It's like criticizing a company for pivoting from it's S-1.
- mdoms 5y agoIf it's not useful for money what use is it? Other than a Ponzi scheme.
- thebean11 5y agoTransferring large sums cheaply without either party needing bank accounts, speculation, inflation/"doomsday" hedging, private transactions (public, but not necessarily tied to your identity), smart contracts (escrowed transactions for example).
- loceng 5y agoYou might call me pedantic as well, however I would argue that your definition of successful differs from others; it certainly is insane though, greed as a leading metric tends that way.