It's time for us in the tech world to speak out about cryptocurrency

Re:It's time for us in the tech world to speak out about cry... by jfrunyon on Sunday May 30, 2021 @06:38PM (#27337594)

"People had to invent entirely new ways to explain it because our existing models didn't work" isn't a very good argument for it being real.

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Re:It's time for us in the tech world to speak out about cry... by bduerst on Monday May 31, 2021 @02:40AM (#27340953)

I mean, it's not even 'entirely new ways' to describe it. Bitcoin has been reinventing the finance industry one mistake at a time.

Tragedy of the commons is fully evident in the bitcoin block size debacle.

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Re:It's time for us in the tech world to speak out about cry... by briatx on Monday May 31, 2021 @11:17AM (#27344874)

Cryptocurrency is wasting modern technology to recreate the economic system of the 1800s.

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Re:It's time for us in the tech world to speak out about cry... by bduerst on Tuesday June 01, 2021 @01:04AM (#27350877)

I would even venture to say the tangibility of precious metal-backed currencies in the 1800's made them still a step above cryptocurrencies currently.

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Re:It's time for us in the tech world to speak out about cry... by tiborsaas on Sunday May 30, 2021 @09:09PM (#27338791)

Why not? We made something and it takes time to understand its implications.

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