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Here's the short version from Charlie Stross: http://www.antipope.org/charlie/blog-static/2013/12/why-i-want-bitcoin-to-die-in-a.html http://www.antipope.org/ch
by bitvoinprog 13y ago
Here's the short version from Charlie Stross:
http://www.antipope.org/charlie/blog-static/2013/12/why-i-want-bitcoin-to-die-in-a.html http://www.antipope.org/charlie/blog-static/2013/12/why-i-wa...
Personally I'm a progressive who is somewhat supportive of the privacy potential of the cryptocurrencies but after the Silk Road bust it seems like the bitcoin community only cares about speculation and hoarding...
- cobrausn 13y agoSo, it's because its the digital equivalent of a 'digital gold standard' that is hard to track and tax (by design). I guess that explains why it rustles many jimmies, even moreso when it keeps gaining value and marketshare.
- yummyfajitas 13y agoCharlie Stross also doesn't even understand why he hates BTC. He complains that it's deflationary, but then completely botches the reason why standard left wing theories claim deflation is bad. http://www.bayesianwitch.com/blog/2014/bitcoin_critics_not_even_wrong.html http://www.bayesianwitch.com/blog/2014/bitcoin_critics_not_e... Jbooth was far more honest than Stross: "Personally, I just get annoyed at the libertarian dreamers...I find myself hoping it'll crash just to shut these people up."