a thoughtful web.
Good ideas and conversation. No ads, no tracking.   Login or Take a Tour!
comment by user-inactivated
user-inactivated  ·  3387 days ago  ·  link  ·    ·  parent  ·  post: Great Job, Everyone! Bitcoiners are DDoSing Bitcoin

I just...I don't see how bitcoin could ever really be a good idea.

Like the more I read about the basic economic structure of, well, every country on the planet, it comes across as being worse and worse of an idea.





mk  ·  3387 days ago  ·  link  ·  

As a currency it is not, and likely won't ever be. But as a network that enables trustless asset exchange, it is incredible. Digital scarcity was never a thing before the blockchain. Yet the value of the first is intrinsicly linked to the function of the latter. That's the craziest thing about it.

user-inactivated  ·  3387 days ago  ·  link  ·  

I actually think that's a better explanation than anything else I've gotten.

kleinbl00  ·  3387 days ago  ·  link  ·  

Mk knows his blockchain. He be one hell of a proseletyzer.