i remain perpetually amazed at how much the Bitcoin variety of Austrian despises actual real-life markets, and only wants the completely imaginary fantasy market that exists in their heads. YOU'LL SEE WE'LL SHOW YOU ALL COME HYPERBITCOINISATION see also our friend w/ the book
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Replying to @davidgerard @MustStopMurad and
They want Bitcoin to be a global monopoly with themselves pulling the strings. Understandable, but not really anything to do with Austrian economics, or any other sort of economics for that matter.
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Replying to @Frances_Coppola @davidgerard and
I think its much more important for all of us to open a dialogue about how bitcoin may be used as a monetary tool towards the goal of increasing global economic stability. A thought experiement.
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Replying to @duringo_ @davidgerard and
I'm interested in discussing how to achieve global financial stability, but not particularly in how to use Bitcoin to achieve it.
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Replying to @Frances_Coppola @duringo_ and
For nation to adopt bitcoin as their currency is nonsensical, it takes away their greatest tool. bitcoin maximalists need to concede this to have a proper dialogue.
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Replying to @SoakerPatoshi @Frances_Coppola and
They might not have a choice... if their citizenry is running for the exits to switch from local fiat to global Bitcoin...
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Replying to @MustStopMurad @SoakerPatoshi and
My generation trusts algorithms more than politicians...
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Replying to @MustStopMurad @SoakerPatoshi and
No it doesn't. You really must stop assuming everyone thinks like you, you know.
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Replying to @Frances_Coppola @SoakerPatoshi and
I talk to 100 young kids my age every day about this. Most of them agree. You are not giving enough credit to this new revolutionary technology.
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Replying to @MustStopMurad @Frances_Coppola and
you meet 100 new bitcoiners every day? or are you making a lesser assertion? that's definitely a remarkable claim that needs specifics
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Yes I go to various digital currency Meetups in New York almost every day. Everyone there is excited about new financial systems in cyberspace outside of state control
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Replying to @MustStopMurad @davidgerard and
Umm, you've never heard of selection bias and confirmation bias? Or echo chambers? You meet a self-selecting group of people who think like you. There are no opposing views, so you conclude that they are representative of the whole world. Logic
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Replying to @Frances_Coppola @davidgerard and
The size / frequency / numbers people in these meetups is growing every month though...
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End of conversation
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