Re:The Fallacy That Is Cryptocurrency
by SI_Rob on Thursday October 17, 2019 @08:18PM
(#21287563)
A guy who advocates blockchain solutions yet dismisses cryptocurrency surely misunderstands both.
Also whatever main "fallacy" (to use author's word) is at work in both of these is ultimately rooted in confused and ambiguous notions of decentralization.
It's really not the tech that's the problem, it's the assumptions and premises it is derived from, which is why every year blockchain tech spirals into greater and more layered complications in the hopeless pursuit of resolving this impossible conflict; very much a modern day geocentrism-epicycles disciplinary failure mode.
Also whatever main "fallacy" (to use author's word) is at work in both of these is ultimately rooted in confused and ambiguous notions of decentralization.
It's really not the tech that's the problem, it's the assumptions and premises it is derived from, which is why every year blockchain tech spirals into greater and more layered complications in the hopeless pursuit of resolving this impossible conflict; very much a modern day geocentrism-epicycles disciplinary failure mode.