Re:The crypto movement is destroying itself
by arcticbull on Monday July 12, 2021 @01:49PM
(#27813022)
In my opinion, that's the central thrust of the text in the genesis block. That the "banks were bailed out" - allowing the wealthy to manipulate the market and remain wealthy while the schlubs were hung out to dry. That is the crux of the modern inequality narrative. JMHO.
[edit] I'll be the first to admit I wasn't there in 2010, but I'm led to believe they were discussing a 'peer to peer digital cash' so I guess a lot can change! Certainly the last 5 years have been filled with inequality narrative.
Further, I would argue that yes in the last 5 years once bitcoin entered the zeitgiest, that these mainstream thought pieces are actually more representative of 'the community' as retail gamblers poured in outnumbering earlier participants.
[edit] I'll be the first to admit I wasn't there in 2010, but I'm led to believe they were discussing a 'peer to peer digital cash' so I guess a lot can change! Certainly the last 5 years have been filled with inequality narrative.
Further, I would argue that yes in the last 5 years once bitcoin entered the zeitgiest, that these mainstream thought pieces are actually more representative of 'the community' as retail gamblers poured in outnumbering earlier participants.