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I dismiss bitcoin not because I have faith in the conventional system, but because I am far more cynically mistrustful than this author! You cannot beat the mon
by marssaxman 5y ago
I dismiss bitcoin not because I have faith in the conventional system, but because I am far more cynically mistrustful than this author! You cannot beat the money machine with anything that works like money, because the bastards who run the money machine will always have more of it than you do. What's more, they are in cahoots with the bastards who run the political machine; anytime you come up with some new idea clever enough to threaten their hegemony, they will simply change the rules out from under you. Try to resist, and you will find that you can only do so to a limited degree, using stupendous amounts of money, which you probably don't have.
I dismiss bitcoin not because I think it doesn't work, but because the world in which it exists will not allow it to work. If it does not fail, it will be assimilated; if it cannot be assimilated, it will be crushed. (Can't be crushed, you say? Maybe not, but the people who use it certainly can, and then what's the difference?)