> It seems like a waste to people who don't understand systems of incentives, The implication that bitcoin critics are simply incapable of understanding bitcoi

> It seems like a waste to people who don't understand systems of incentives, The implication that bitcoin critics are simply incapable of understanding bitcoin's "system of incentives" is laughably condescending as well as totally inaccurate. > but it is a small and insignificant price to pay for more ideal money. I don't think "decentralized" necessarily translates to "more ideal". Certainly, it's not ideal for most people given all the other drawbacks that come with bitcoin (difficult to spend, difficult to secure, subject to price fluctuations, subject to privacy concerns, vulnerable to critical mistakes like sending money to the wrong address or losing a wallet in a hard-drive crash). Bitcoin is only "more ideal" if you want to perform transactions outside the legacy system; a real use-case, but not a very popular one.