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"A technology should be judged in how it solves recognized problems, not by its technical appeal"

Bitcoin Reddit

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Is this a valid criticism? Maybe the question is what problem bitcoin really solves? Or even better and something to not ignore, what new problems it creates? Especially for who?

The guy wrote black swan and skin in the game, or he is blind or money talks.

The tax system isn't transparent neither feels public, which blockchain it could be transformed into something that you can join, leave, and have a full analysis of what has been having the use for, you could change the whole thing, how powerful is that? The question is always how the f the ones who should be responsible for the "logistics and public security" not leading the space? At least they are still leaving it alone, but to choose not see this and other internacional problems fiat currency brings is just blind privilege

"Look this is not the future, better keep the way it is because I'm a fossil fuel"

I feel like taleb is a "cultural" bookgerk elitist that hates TI and devs

What he is trying to say is that countries are making their own CBDC and eventually they all will have some kind of "economic protocol", he thinks the one who follows a basket of goods will overthrown btc

what he doesnt seem to understand is that btc uses energy as it's basket of price and nothing stop to have a fork of a btc that uses water or other scarces resources as a indicator of "inflation" if one day it proves to be more efficient, or "price signals" which is just the reason of the mass bubble effect we have today, all price signals feels manipulated by hedges(SO MUCH BETTER SYSTEM YOU GUYS U HAVE TO SEE IT BY MY DERIVATIVE HEDGY PERSONAL VIEW), but the tech is so far ahead of their counterparts its not even apolegetic to compete... it's not even funny

BTC doesnt force you to use it, CBDC's mostly likely will. How retarded it will feel when this day come?

submitted by /u/Remarkable-Cat1337
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