Spread the word!https://twitter.com/GabrielDVine/status/1013549960116277248 …
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Justin wrote a worthless unsubstantiated claim and thinks it's an argument.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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Saifedean is an Austrian which is great. However, when he steps outside of his expertise to attack allies he becomes a liability. On Bitcoin, economics or carnivore his content is good. Otherwise not so much.
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Do you realize you are effectively proving me right by finding nothing more substantive to say than 'be nice to Naval because he's my friend'?
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Saifedean you are actively trying to destroy his reputation based on a bullshit claim. Show me where he is pushing shitcoins.
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I've seen him praise Steemit once in 2016 when I was already skeptical about its governance structure, but I didn't see him as a shill, more like he thought the idea was interesting but didn't think too much about it.
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Yes, most altcoins lack fitness, but we need altcoins with fitness. Here's the point:https://twitter.com/Gubermensch/status/1013554935240187904 …
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We already have tons of altcoins, including govtcoins & metals. Monetary competition is ongoing at all times. Bitcoin maximalists have no problem with you scammily trying to "compete". We're simply honest, intelligent, & low-time-preferenced enough to know how it ends.
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Let me try that again. As a Bitcoin holder, don't you want maximal fitness pressure to preserve your investment's value?
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This is not your biology evolution textbook, nor is it democracy where what you and I want matters. Gold killed silver, copper, seashells and every single other money not because people wanted it. Economic reality compelled them. Good luck to all your favorite coin artist. Muted
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I'll give him the credit for calling out shitcoins. Beyond that, I'd have to take a closer look at the technology to figure out what are the technological constraints of BTC and how might certain projects (alts or building on top of BTC) overcome them.
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I think I'd need to look at what people who study complex systems, software infrastructure, and cryptography have to say to understand the situation better.
End of conversation
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