Watching cryptocurrency fans rediscover the history of currency development over and over and over again, at like 5,000 times historical speed, has gone from irritating to hilarious.
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No, seriously, guys. Hard currency (Au/bitcoin) leads to deposits of convenience (banks/wallets/exchanges) leads to soft currency (bank notes/LOC/checks/whatever) leads to scams (fractional reserves/kiting/embezzlement/transfer fraud). As it was, as it will be, world without end.
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As I am fond of saying: people have been finding ways to gamble outside the rules against gambling for thousands of years. Yes, you're brilliant and your math is très impressionnant. You still aren't smarter than economics. (I didn't say economists. I said economics.)
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Am I slamming cryptocurrency? Not at all. Money is a consensual hallucination. If you think you've come up with a smoother trip, go for it. What I am slamming is people who think, metaphorically, that they haven't re-invented hallucinogens.
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Look, drug development is crazy hard! (I know. I've read NDAs.) But we all already know about drugs. Humankind has been using drugs for thousands of years. If you want to, metaphorically speaking, come up with better ones, we will thank you for it. But you have invented nothing.
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Anyway, back to work. To show there's no hard feelings, I'm offering a 20% discount on legal fees paid in Bitcoin or Monero until I feel like stopping. (Offer subject to change or withdrawal without notice at any time.)
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Replying to @legalinspire
If only you had offered that a few years ago, you could have retired...
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if I knew what numbers MegaMillions would draw before they drew them...
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