I refuse to believe that Carstens from the BIS is the most sophisticated critic of Bitcoin. There has to be a really intelligent pro-fiat central bank economist out there who is writing a piece with steel-manned arguments against Bitcoin's continued future growth.
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Replying to @pierre_rochard
All they have are their self-serving dogmas & their macroeconomic speculations, & their liturgy combining these (e.g. their obsession with one economic historical event out of thousands, ignoring all its non-monetary causes e.g. tax raises & unpayable debts of defeated empires).
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Replying to @NickSzabo4 @pierre_rochard
Maybe just a teeny bit harsh, wouldn't you say? There are several thoughtful pieces on the subject, I think.
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He's going easy on them. Trust me.
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I thought you wanted to live in a trustless society?
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Still waiting for the (for real) St. Louis Fed central banker to clarify his question about "I thought you wanted to live in a trustless society?": ...Day 1.
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Still waiting for the (for real) St. Louis Fed central banker to clarify his question about "I thought you wanted to live in a trustless society?": ...Day 2.
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"Trustless society" is somebody's overgeneralized hyperbole. My goal is to make some larger-scale institutions, especially money & some of finance more generally, less vulnerable (require less trust) by applying computer science & historically recent computational resources.
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Agreed, and there's a lot more to it than fits in a tweet. I was just hoping an honest-to-God St. Louis Fed central banker was willing to engage in sincere and honest argumentation on the subject. I was even ready, willing & eager to maintain the UTMOST. CIVILITY. <sigh/shrug>
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