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"This is a brand problem and has nothing to do with technology. " This I would question. Clearly btc was modeled on the production of a physical commodity. It
by Finnucane 4y ago
"This is a brand problem and has nothing to do with technology. "
This I would question. Clearly btc was modeled on the production of a physical commodity. It was not designed to operate like money, but like a goldbug's fantasy of money. The result was not an accident, it was inevitable.
- tromp 4y agoPhysical commodities do not have their production forcibly halved every few years. The bitcoin emission is heavily front-loaded and looks nothing like Gold's.
- Finnucane 4y agoSo it's actually worse than a real commodity. It's got an expiration date. For system that's supposed to be 'currency', that's just stupid.