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re: Why bitcoin is worse than a Madoff-style Ponzi scheme
Posted on 12/24/21 at 3:21 pm to EA6B
Posted on 12/24/21 at 3:21 pm to EA6B
Centralized VC projects get hacked. Bitcoin does not.
To me that is the long term question. Does the original idealistic dream of bitcoin win or do we just chase fiat gains under the guise of “better technology”.
Super simplistic summary but that is the debate going on now from what I can tell. Jack and Bitcoin maximalists vs the VC crowd of the likes of Marc Andreessen. Perhaps both can coexist is Bitcoin is relegated to just a store of value. We’ll see. Going to be interesting that’s for sure.
To me that is the long term question. Does the original idealistic dream of bitcoin win or do we just chase fiat gains under the guise of “better technology”.
Super simplistic summary but that is the debate going on now from what I can tell. Jack and Bitcoin maximalists vs the VC crowd of the likes of Marc Andreessen. Perhaps both can coexist is Bitcoin is relegated to just a store of value. We’ll see. Going to be interesting that’s for sure.
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