> Avoid the banks, governments and middlemen and use bitcoin
Somewhat tangential. Some years ago, I was in a meeting where we were trying to solve a really thorny business issue. It was quite a small group but included some of the most knowledgeable people, in the company, on the problem at hand. We couldn't find a solution, even in theory.
As we were breaking up, one of the participants said that, although we hadn't found a solution, it was alright because the new system being built would solve it. The only identifying feature of that system at that time was that it was written in Python. Around the group there were a number of sage nods as they departed the conference room.
Statements like the Bitcoin one, remind me of that meeting. There's pretty much nothing about the nature of Bitcoin that helps this problem. In fact, one of its defining features (pseudo-anonymity) makes it worse than useless at trying to ensure everyone gets their allocation and just their allocation. And yet, with all seriousness, it can be proposed as a "solution". As if it has some kind of magic property that allows it to solve unsolvable problems. Like Python.
Somewhat tangential. Some years ago, I was in a meeting where we were trying to solve a really thorny business issue. It was quite a small group but included some of the most knowledgeable people, in the company, on the problem at hand. We couldn't find a solution, even in theory.
As we were breaking up, one of the participants said that, although we hadn't found a solution, it was alright because the new system being built would solve it. The only identifying feature of that system at that time was that it was written in Python. Around the group there were a number of sage nods as they departed the conference room.
Statements like the Bitcoin one, remind me of that meeting. There's pretty much nothing about the nature of Bitcoin that helps this problem. In fact, one of its defining features (pseudo-anonymity) makes it worse than useless at trying to ensure everyone gets their allocation and just their allocation. And yet, with all seriousness, it can be proposed as a "solution". As if it has some kind of magic property that allows it to solve unsolvable problems. Like Python.