Andrew has a great theory about how the discovery of cryptocurrency is the Great Filter.
@cwage yeah it is better than gold on all of Szabo's features for store-of-value
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@sarahdoingthing but turns out if someone really wants something, they will spend a currency, even if its purchasing power is increasing -
@cwage absolutely - but I think the need to push resources into the future drives a great deal of productive investment - 6 more replies
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@sarahdoingthing otohoh the consumers were probably all high -
@cwage oh come on you have to be pretty together to use pgp
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@sarahdoingthing otoh it's worth noting that commerce proceeded apace on the silk road even while the price rose from $20 to $200Thanks. Twitter will use this to make your timeline better. UndoUndo
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