5 ms·

Bitcoin seems to be teaching people exactly what they wanted to believe in the first place, what a coincidence!

• billiam 14y ago
  This is the only comment that matters here. FWIW, at my SW company which is filled with brilliant people I spend most of my day patiently explaining that monetary systems are always about power, not technological innovation, and Bitcoin will demonstrate that brutally, sooner or later. I think debates like this mostly illustrate how shockingly poorly engineers are educated in subjects like history and basic economics.
  • tomku 14y ago
    Engineers have a tendency to view everything as an engineering problem, when most of the "really hard" problems are about people, interactions and relationships. When all you have is a hammer, everything looks like a nail - and we have an entire culture of hammer designers churning out the most effective hammers in history.
  • 13b9f227ecf0 14y ago
    If bitcoin plays out like the enthusiasts envision, then some laws get passed and people get thrown in jail and there's your kibosh. This should be obvious but the enthusiasts will still be surprised.