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As someone who thinks that bitcoin etc are just a techy form of alchemy (the old dream of creating something of value from nothing), if not an outright scam (fo
by Finnucane 5y ago
As someone who thinks that bitcoin etc are just a techy form of alchemy (the old dream of creating something of value from nothing), if not an outright scam (for anti-social losers to escape from 'teh rulez'), I wouldn't say that it's not so much that I hold the existing order in high regard, but that the alleged 'disruption' does not appear to be anything other than an old ruse in a new guise.
- laszlo-kiss 5y agoI'm not sure what you mean by the 'old ruse'. The use of gold in ancient times was adopted because it removed the need to trust the other guy's currency. Unless Satoshi shows up tomorrow and cashes out his coin I think we are not in danger of diluting the value of Bitcoin - which would be like the 'old ruse' I think.
- Finnucane 5y agoHistorically, 'trusting the other guy's currency' has always been a problem. not matter what it was made of.