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Have either of you considered that all the people who think bitcoin is wonderful are those who stand to make the most from them?

• minimax 13y ago
  I assume that most hardcore bitcoin enthusiasts are morons but I guess there's a possibility that some legitimately evil early bitcoin adopters out there pushing bitcoin so that they can sell out of their positions at favorable prices.
  • waps 13y ago
    That's actually what's making bitcoin successful. Never underestimate what large amounts of morons can do. There's a name for what happens if someone finds a way to use large amounts of people to act in their interest but against the public interest. It's called a "Nash equilibrium", and it's unstoppable. This is the point the article seems to be making.
    • promptcritical 13y ago
      That's not a Nash equilibrium. What you're describing is called the "Tragedy of the Commons."