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I can imagine a scientific breakthrough that does require some nontrivial amount of explaining to the layman to prove that it's more than a scam. This definite
by danaris 5y ago
I can imagine a scientific breakthrough that does require some nontrivial amount of explaining to the layman to prove that it's more than a scam.
This definitely isn't it.
The big problem with cryptocurrencies is that most of their promised "benefits" are actually detriments to people who are not anarchocapitalists (or close to it).
We don't want government control of money to be "disrupted", because governments are actually, in principle, accountable to us. The fact that there are certain prominent governments that have become corrupted by big money in practice is not even close to a good justification for tossing the whole "democracy experiment" out the window and replacing it with something that in principle does not answer to regular people in any way, shape, or form, and is very likely in practice to be ruled by those with big money from the outset.
We have about 80% of a working system already in place. What we need to do is fix the broken 20%, not have the absolute hubris to think that because we're The Smartest Guys In The Room, we can build a better, fairer, system that's built on the pure beauty of unfettered technology.