2 ms·
> They are missing the financial and historical perspective here to appreciate it. Or people know financial and monetary history and can see the backsliding wi
by throw0101d 2y ago
> They are missing the financial and historical perspective here to appreciate it.
Or people know financial and monetary history and can see the backsliding with most cryptocurrencies:
* https://en.wikipedia.org/wiki/Private_currency https://en.wikipedia.org/wiki/Private_currency
* https://archive.ph/FWKcL https://archive.ph/FWKcL / https://www.theatlantic.com/business/archive/2012/08/why-the-gold-standard-is-the-worlds-worst-economic-idea-in-2-charts/261552/ https://www.theatlantic.com/business/archive/2012/08/why-the...
Nicholas Weaver once remarked that cryptocurrency is “speed-running 500 years of financial history” :
* https://ieeexplore.ieee.org/document/8425604 https://ieeexplore.ieee.org/document/8425604