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by atmosx 1631 days ago
> [...] but the distributed ledger system is pretty interesting, isn't it?

Yes, the protocol itself is pretty interesting and I've seen no one bashing Satoshi. If anything, Satoshi is often venerated on this website for his impeccable technical and communication skills - and for good reason IMO as the body of work he left is astounding.

A big part of parties involved don't understand the first thing about currencies and yet they want to disrupt "currencies". Don't understand the trade-offs of democracies but they claim that BTC will "democratise money".

So put together all these absurdities that we often have to bring down on HN and I can why someone would consider that "hate". It's not hate it is healthy criticism. Before disrupting something, you need to make sure you understand the reasons behind specific choices the society made.

That said, crypto-currencies are here to stay, eUSD, eEUR, etc. are on the way :-)

ps. Isn't it ironic that Satoshi invented BTC as a non-centralised system and instead the tech will be used to enable the most tightly controlled monetary flow ever :-P

1 comments

> ps. Isn't it ironic that Satoshi invented BTC as a non-centralised system and instead the tech will be used to enable the most tightly controlled monetary flow ever :-P

This is why many people put a high[ish] plausibility argument for "Satoshi" being a governmental (or quasi-governmental) agency vs some remarkably smart individual