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my takeaway from this article just reinforces the perception of Bitcoin I already had, namely: which do I trust more? a monetary system run by engineers & mathe
by mkramlich 13y ago
my takeaway from this article just reinforces the perception of Bitcoin I already had, namely: which do I trust more? a monetary system run by engineers & mathematicians. or a monetary system run by politicians/lawyers, government bureaucrats, and an old-money banking aristocracy? Choices, choices...
- pilom 13y agoI've worked with a lot of engineers. Most of us aren't really that smart and usually we make problems much more complicated than they need to be. I'd trust a unique and fairly original monetary system run by good engineers. But most engineers are really not that good.
- mkramlich 13y agoI've seen evidence that suggests the leading engineers behind Bitcoin are good. In contrast, I've seen repeated evidence over decades that the folks leading the US government are dangerously incompetent on things which are incredibly important to get right for all the rest of us, namely the economy, the environment/ecosystem and health care.