You realize bitcoin is, like, intentionally designed to get around payment controls that allow third party chokepoints to, say, prevent you from buying automatic and semiautomatic weaponshttps://twitter.com/chamath/status/967443937412567042 …
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I’m just saying, bitcoin doesn’t have the moral high ground here
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“Ah, yes, internet cash is Freedom, unlike the corrupt banks who won’t even prevent people from buying AR-15s” ??????????
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Bitcoin’s greatest achievement has been making the existing payments system, which is an unholy garbage fire, look reasonable
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sarah jeong Retweeted 🅼 🅰🆁🅺 🅲 🅾 🅾🅺 = Mark Williams-Cook
I saw you rewrite this tweet and I’m sorry to report that it still makes no sensehttps://twitter.com/thetafferboy/status/969734099954012160?s=21 …
sarah jeong added,
🅼 🅰🆁🅺 🅲 🅾 🅾🅺 = Mark Williams-Cook @thetafferboyReplying to @sarahjeongDon't forget the proofing of blockchain technology which is essentially means digital assets can't be copied. I'm sure that won't catch on, though. I'm sure that will have no major impact on our digital-centred future. No, siree!6 replies 3 retweets 105 likesShow this thread -
You cannot prevent digital assets from being copied, you cannot prevent people from abusing a peer-to-peer DRM system, anything that interfaces with reality becomes easier with centralized intermediaries and more complicated without
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Just because a technological solution is interesting doesn’t mean it’s good for literally anything you nitwits
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sarah jeong Retweeted 🅼 🅰🆁🅺 🅲 🅾 🅾🅺 = Mark Williams-Cook
You have arbitrary tokens of value that function as speculative vehicles tied to sovereign currency, those are not meaningful “digital assets” with any informational value, there is nothing meaningful to “copy”https://twitter.com/thetafferboy/status/969735500343988227 …
sarah jeong added,
🅼 🅰🆁🅺 🅲 🅾 🅾🅺 = Mark Williams-Cook @thetafferboyReplying to @sarahjeongFundamentally, blockchain allows ownership and no-copy of digital assets. The proof is Bitcoin and other cryptos. Do you not see why that is massive? You said it's not possible, yet it is the reality right now. Your tweet makes no sense to me.8 replies 17 retweets 154 likesShow this thread -
The moment you encode anything useful into a blockchain form ALL THAT DOES IS PUT IT ON A BLOCKCHAIN!!!! BUT WHY???!? IT DOES NO ONE ANY GOOD!!!!!!!!
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And before anyone tells me about zerocash or http://keybase.io yes those things are great, they work great for all 10 people who need them
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You think there are only 10 people around the world who live under oppressive regimes and would love a censorship-resistant store of value?
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