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> The fascinating thing about cryptocurrency technology is the number of ways people have developed and how much they are willing to pay to avoid actually using
by Terr_ 1y ago
> The fascinating thing about cryptocurrency technology is the number of ways people have developed and how much they are willing to pay to avoid actually using it. What other transformative technology has had people desperate not to use it?
Regarding this juxtaposition between between advocacy that others buy-into the system versus, er, tactical-avoidance by advocates, I'll recycle a comment from earlier today:
> [Some proponents say] "That's fixed with private blockchain", which is the equivalent of "That's fixed with Segways that have a second set of wheels and the self-balancing is disabled."
> There's a bunch of people busy reinventing decades-old old tech/accounting, either because they never bothered to learn what was actually new about "blockchain", or because they can't bear to admit that the new stuff wasn't really good/necessary.
> [...O]utside of wild-west cryptocurrency, [unrestricted node membership] usually isn't necessary, nor even desirable when you consider the rest of the cycle-burning baggage and complexity that comes with it.
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> They are all either false or misleading. In most cases Nakamoto's own writings show he knew this. His acolytes were gaslighting.
Quibble: Nah, that would be classical lying. "Gaslighting" is more specific and involves trying to make someone doubt your own sanity, memory, or senses.