The main point of the paper was show that you can solve the byzantine generals problem in a completely untrusted. This contribution built on prior distributed-system designs such as Paxos.
>don't tell me it was "always about storing value"
Bitcoin was always about a fixed-scarcity asset/currency given that the controlled supply algorithm was in the very first version.
Bitcoin doesn't need people's interpretations of bitcoin to be positive to come to trustless consensus.
>When can we call Bitcoin a failed experiment?
If you think that Bitcoin's value is $0 long term, why not go short and make reams of money? After 10 years the market has shown that owning 100 btc has preserved more purchasing power than owning 100 USD, What's your call for the next 10 years?
Bitcoin the protocol != bitcoin the paper.
The main point of the paper was show that you can solve the byzantine generals problem in a completely untrusted. This contribution built on prior distributed-system designs such as Paxos.
>don't tell me it was "always about storing value"
Bitcoin was always about a fixed-scarcity asset/currency given that the controlled supply algorithm was in the very first version.
Bitcoin doesn't need people's interpretations of bitcoin to be positive to come to trustless consensus.
>When can we call Bitcoin a failed experiment?
If you think that Bitcoin's value is $0 long term, why not go short and make reams of money? After 10 years the market has shown that owning 100 btc has preserved more purchasing power than owning 100 USD, What's your call for the next 10 years?