> Appeals to “the potential for innovation” are always amorphous and hand-wavy rhetorical gestures towards the potential for some tech that could exist but whic

> Appeals to “the potential for innovation” are always amorphous and hand-wavy rhetorical gestures towards the potential for some tech that could exist but which we don’t fully understand the implications of. However bitcoin is a technology which did not arise out of an engineering effort directed towards a specific problem or market inefficiency, but instead out of a anarchist political narrative that views democratic control of the money supply and law enforcement as the problem. (from https://www.stephendiehl.com/blog/non-innovation.html https://www.stephendiehl.com/blog/non-innovation.html)