Hacker News new | ask | show | jobs
by crispyambulance 2454 days ago

    > What about a protocol regulated by mathematics and well-designed economic game theory...
Well, THAT protocol is turning out to be a vehicle for investment thrill-rides, where extreme volatility seems to be the central, most defining characteristic. I mean, if you put a bitcoin in your pocket, you have no idea what it will be worth when you pull it out of your pocket.

Currency should be a medium for exchanging goods and services. It should be boring and reliable.

1 comments

turns out it is not all that well designed...