Re:Cryptocurrency will always be political
by simonebrunozzi on Friday December 15, 2017 @01:34AM
(#15930038)
Apropos crypto + political : excellent must read by Yanis Varoufakis, an economist that I greatly admire (but not always 100% agree with), on "Bitcoin and the dangerous fantasy of apolitical money": https://www.yanisvaroufakis.eu/2013/04/22/bitcoin-and-the-da...
[ Parent
| on HN ]
Re:Cryptocurrency will always be political
by travmatt on Friday December 15, 2017 @07:50AM
(#15931392)
I probably say this every chance I get but the cleanest insult I’ve ever seen on the world stage was when, as Greek finance minister, he called eu austerity measures “fiscal waterboarding”.
Re:Cryptocurrency will always be political
by icebraining on Friday December 15, 2017 @09:00AM
(#15931803)
I like Varoufakis, and I don't hold Bitcoins, but I didn't find that article particularly insightful. It's just the old Keynesian fear of deflation - which invariably uses the Great Depression, since there's very little evidence of the supposed harms of deflation besides it - and a fair criticism of Bitcoin being currently more driven by speculators than regular users, but with no explanation why that's an insurmountable flaw in Bitcoin.