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Those are all made up narratives by random media outlets. From the beginning there was only one true narrative: "Abolish central banks". Because they are at th

by sprash 4y ago

Those are all made up narratives by random media outlets. From the beginning there was only one true narrative: "Abolish central banks". Because they are at the core designed to enslave humanity. That is why Bitcoin is created. It was always an attempt to solve a political problem with technology. Not more not less. Will it succeed? I hope so.

paulgb 4y ago
The digital cash use case is literally in the whitepaper title, “Bitcoin: A Peer-to-Peer Electronic Cash System”
kkielhofner 4y ago
I have yet to receive a point by point rebuttal with any kind of real data or sourcing. It always ends up in deflection or something along the lines of a conspiracy theory (any debate of which is infamously unproductive). I would like for blockchain technology to find its rightful place as a unique solution to a real problem with actual user adoption and meaningful real world impact but after 13 years, substantial investment, and several pivots/rebrands/etc it hasn't been successful at anything (relative to the total potential user base/"addressable market" of 5 billion internet users). I like to look at it as if Bitcoin (and to a larger extent blockchain) were a single technology startup. Let's call it "Blockchain Inc". If it weren't for the religious fervor of true believers, speculators, "hodlers" doing anything and everything to pump it, etc no investor or group of investors in their right mind would keep pouring untold billions of dollars into Blockchain Inc after its pivoted over half a dozen times, still has essentially no real world use case, and no meaningful user adoption (when compared to other 13 years old startups, platforms, technologies, etc with or without equivalent investment). It's a failed tech startup being propped up by speculation and its own engine of propaganda and constructed media narrative.

by sprash 4y ago

paulgb 4y ago

The digital cash use case is literally in the whitepaper title, “Bitcoin: A Peer-to-Peer Electronic Cash System”

kkielhofner 4y ago

I have yet to receive a point by point rebuttal with any kind of real data or sourcing. It always ends up in deflection or something along the lines of a conspiracy theory (any debate of which is infamously unproductive). I would like for blockchain technology to find its rightful place as a unique solution to a real problem with actual user adoption and meaningful real world impact but after 13 years, substantial investment, and several pivots/rebrands/etc it hasn't been successful at anything (relative to the total potential user base/"addressable market" of 5 billion internet users). I like to look at it as if Bitcoin (and to a larger extent blockchain) were a single technology startup. Let's call it "Blockchain Inc". If it weren't for the religious fervor of true believers, speculators, "hodlers" doing anything and everything to pump it, etc no investor or group of investors in their right mind would keep pouring untold billions of dollars into Blockchain Inc after its pivoted over half a dozen times, still has essentially no real world use case, and no meaningful user adoption (when compared to other 13 years old startups, platforms, technologies, etc with or without equivalent investment). It's a failed tech startup being propped up by speculation and its own engine of propaganda and constructed media narrative.