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Cryptocurrency is maybe the most important innovation is human history Electricity? The wheel? Money? Sulfa drugs? Spoken language? Counting? Agriculture? Writ
by EliRivers 5y ago
Cryptocurrency is maybe the most important innovation is human history
Electricity? The wheel? Money? Sulfa drugs? Spoken language? Counting? Agriculture? Written language? There's a long, long list and to put cryptocurrency on it seems awfully hubristic.
- Geee 5y agoMoney that can't be monopolized is more important than those. The whole human history is about money and how someone monopolized it and started extracting value from it, to get more powerful, to fund wars and destruction. Bitcoin can't be monopolized and enables humanity to rise on a completely new level.
- EliRivers 5y agoUnconvinced. Electricity definitely seems like a much bigger deal. Bitcoin is going to take humanity to a new stage of existence? Here comes peak hype, I guess. In fact, you're so breathlessly ecstatic about the cult of bitcoin that I have to wonder if I'm being spoofed...
- Geee 5y agoIndividual freedom and sovereignty are more important to society than electricity. I'm pretty sure you haven't thought of Bitcoin in that way, or how Bitcoin might enable this. Importance is subjective, but I think most people would choose freedom over electricity. After that, we might argue whether Bitcoin would actually be helpful in enabling this. It's not a simple concept to explain so here's a couple of videos which might help you to understand it better. Bitcoin Is Protecting Human Rights Around the World: https://www.youtube.com/watch?v=xLYYh4aPXAM https://www.youtube.com/watch?v=xLYYh4aPXAM Philosophy of Bitcoin from First Principles: https://www.youtube.com/watch?v=HrehEWYj16s https://www.youtube.com/watch?v=HrehEWYj16s