Re:The Big Blockchain Lie
by voldacar on Saturday October 20, 2018 @01:10AM
(#18261865)
This article was exceptionally poorly written.
Instead of making a cohesive argument, the author only demonstrates his lack of knowledge of what blockchains are and what makes them useful (to him, they are "glorified spreadsheets") while smearing the people who develop and use cryptos.
And it is hardly surprising that someone with strong ties to the current centralized financial system is opposed to innovation in that realm.
Re:The Big Blockchain Lie
by tofurocks on Saturday October 20, 2018 @01:30AM
(#18261909)
Author incorrectly conflates Bitcoin with other coins/tokens. While 99% of coins are centralized scams as the author states, Bitcoin actually is decentralized.
Re:The Big Blockchain Lie
by ramblerouser on Saturday October 20, 2018 @02:09AM
(#18261994)
Good catch.
Senior Economist for International Affairs in the White House's Council of Economic Advisers during the Clinton Administration.
So he put a veneer of credibility on the US government's policy of controlling other countries by indebting them with loans they cant pay back for construction projects that wont help their economies.
And it is hardly surprising that someone with strong ties to the current centralized financial system is opposed to innovation in that realm.
Oh, so thats why he's so opposed to crypto.
Senior Economist for International Affairs in the White House's Council of Economic Advisers during the Clinton Administration.
So he put a veneer of credibility on the US government's policy of controlling other countries by indebting them with loans they cant pay back for construction projects that wont help their economies.
Whats the next "big" thing?