[clarkmoody]

As a Bitcoin guy, I'm going to chime in there.

> Yet it was always rooted in this sort of cynicism that distrusts institutions and the power of humans to have any positive impact with anything but the tools of physics and math: to wit, the endless conspiracy theories around the FED, the infatuation with Gold and land, etc.

Realism, not cynicism. The historical record shows that anyone with a printing press will abuse it to his own benefit. All central banks do this. Plenty of private banks prior to the Fed did it, albeit with government help via legal tender laws, sanctioned suspension of specie payments (breach of contract), and par laws.

Thus Bitcoin separates money and state and seeks to be a sound digital commodity.

[realsunnyg]

Saying that trust can be abused and thus it should be eradicated entirely from social systems is cynicism, not realism.

There's a spectrum of social system development with regards to trust that has yet to be fully explored - centralized/federated "trusted" authorities in the middle, Bitcoin and most blockchains/tokens to the left (i.e. no trust at all) and some other form of p2p money or credit to the right (i.e. p2p, completely decentralized trust).

That the Bitcoin community doesn't even recognize that an entire half of space for innovation exists is what makes this mindset "destructive."

edit: grammar