...well, http://www.bloomberg.com/news/2014-10-07/andreessen-on-finance-we-can-reinvent-the-entire-thing-.html …pic.twitter.com/mydtRshqQA
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@vogon idk security fuck-ups are pretty routine and certainly many of them are the result of gross negligence...
@vogon but I believe that the prevalence of security fuck-ups in the bitcoin universe is exacerbated how blockchain tech works
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@vogon so it's not even like bitcoin people are bad at security, they're just fighting the basic architecture of an irreversible blockchain -
@vogon idk to me it's a tech tragedy -
@sarahjeong yeah it's such a waste of resources on trying to make something good that's doomed to irrelevance by design flaws -
@sarahjeong the biggest tragedy imo is all of the hw investment in trying to eke out higher returns on a network with no stable equilibrium -
@vogon tbf payments as they exist are dumb & bad but yeah all this money is going into a tech architecture that's not the right replacement -
@vogon i don't understand why any of this is happening -
@sarahjeong because there's money to be made and markets to be disrupted, and fuck any sort of class or ecological consciousness -
@sarahjeong I want cryptocurrency with a controllable money supply and deposit insurance and a trusted entity that can nullify stolen value - 9 réponses de plus
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@sarahjeong yeah I totally agree, my goof was that bitcoin only makes your money safer in that you're fucked in a slightly different way -
@vogon yeahhh I can't even with the idea that bitcoin can be meaningfully touted as better for consumers than the current system
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