Re:The Bitcoin bubble – Greater fool theory
by platz on Thursday November 09, 2017 @09:39AM
(#15662717)
The hubris Bitcoiners carry is completely different. The net started among academic wonks and University faculty pages. Bitcoiners purport to bring down Central banks and subvert the state, delivering a new social order.
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Re:The Bitcoin bubble – Greater fool theory
by craigc on Thursday November 09, 2017 @10:00AM
(#15662907)
I encourage you to read the Bitcoin white paper if you haven't.
https://bitcoin.org/bitcoin.pdf
I think you are a little off base in the original intentions. It was designed to solve a real problem, and its creator was likely someone who had a background in academia although we may never know for certain.
It is true that maybe a lot of the proponents today want to bring down central banks, but I think it's a little unfair to imply that that was the original intention.
Re:The Bitcoin bubble – Greater fool theory
by platz on Thursday November 09, 2017 @10:30AM
(#15663193)
I am not scoping\targeting my statement to bitcoin's original intensions and white papers.
I am referring 'Bitcoiners', the social entity, which have a separate life from the original intensions and white papers , and why there is "vitriol towards Bitcoin", as the OP requested.