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Let me refer you back to the original paper: https://bitcoin.org/bitcoin.pdf https://bitcoin.org/bitcoin.pdf The goal was "a purely peer-to-peer version of ele
by wpietri 5y ago
Let me refer you back to the original paper: https://bitcoin.org/bitcoin.pdf https://bitcoin.org/bitcoin.pdf
The goal was "a purely peer-to-peer version of electronic cash". That is, money.
If you are proposing a new goal, a settlement system for couple hundred named organizations with strong relationships, then a) that's not money, and b) the Bitcoin system is socially and technically wrong for that. But if we keep the goalposts in their original location, Bitcoin is clearly a failure when you look at how the competition has done.