3 ms·
I think the article get across quite well the cult-like nature of the whole bitcoin ecosystem, from the founder worship to the reflexive scorn its adherents hea
by jonathansizz 15y ago
I think the article get across quite well the cult-like nature of the whole bitcoin ecosystem, from the founder worship to the reflexive scorn its adherents heap on non-believers. This point is tellingly reinforced by the HN submitter changing the title of the article from 'The Rise and Fall of Bitcoin' to 'The rise and... rise of Bitcoin'.
In a way, the sheer naivety of the bitcoin enterprise is quite endearing, despite the currency having no more chance of success than the libertarian oil rig city state ever did.