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Bitcoin is not a viable currency. It's value is not anywhere near stable enough. It's honestly incredible that you haven't even thought of the very first proble
by colinmhayes 5y ago
Bitcoin is not a viable currency. It's value is not anywhere near stable enough. It's honestly incredible that you haven't even thought of the very first problem with using bitcoin as a currency. Yes, the rich abuse the current system. They will do the same with any system. Saying "we shouldn't ensure that our currency has predictable value because that would make the rich even richer" is insane when the rich will be richer no matter what you do.
> I have a problem that it's an argument from authority.
https://danluu.com/cocktail-ideas/ https://danluu.com/cocktail-ideas/ you are the developer who thinks building a bridge is easy. Please just admit that you don't understand what you're talking about.
- javert 5y ago> Bitcoin is not a viable currency. It's value is not anywhere near stable enough. It can't go from zero to stable overnight. It has to start somewhere and gain stability over a long period of time. > It's honestly incredible that you haven't even thought of the very first problem with using bitcoin as a currency. You're behaving like a troll. There is an absolutely obvious objection to your prior sentence, but rather than see that, you pretend like it isn't the case, and attack me personally. You don't know me and you don't know my thinking. You're also behaving as a troll because you've totally changed the topic instead of answering my direct objections to your prior comments. I'm done talking to you. I assume your next comment will also be trollish, and I hope people see through it. But please just don't answer.
- ipaddr 5y agoWealth and power get transferred over to the blockchain. You end up with the same structures in a less controllable currency.