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re: Bitcoin is a Ponzi scheme—the Internet’s favorite currency will collapse.

Posted on 4/18/13 at 10:18 am to
Posted by Broke
AKA Buttercup
Member since Sep 2006
65067 posts
Posted on 4/18/13 at 10:18 am to
quote:

....because only tech illiterate morons would ask such a question.


This one I'll give you. I am pretty tech illiterate.

quote:

mean, seriously, if you guys aren't going to actually do your homework and understand bitcoin, why participate in these threads and ask stupid questions that I've answered a hundred times already?

If you truly aren't interested in the technical details of it, then you aren't fit to debate them.


Being a Financial Advisor, business owner, adjunct econ and finance professor, I think I'm at least mildly qualified to debate the topic. Don't you think?
Posted by WikiTiger
Member since Sep 2007
41055 posts
Posted on 4/18/13 at 10:23 am to
quote:

Being a Financial Advisor, business owner, adjunct econ and finance professor, I think I'm at least mildly qualified to debate the topic. Don't you think?



I think you're qualified to debate the economic aspects of it, but not the technical side of it.

And hey, I'm just a bumbling tech nerd, so I may not be qualified to discuss the economic aspects but then again I may be qualified enough after all.

The difference between the two is that the tech side is a hard science, based on coded algorithms that are verifiable, unchanging, and predictable. Economics, on the other hard, is a shite science full of politics and opinion.
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