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by codeboost
4826 days ago
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I see many such articles lately and all of them have the same argument: bitcoin doesn't fit well with the current economic theory and hence it's a NO. The fact is, Bitcoin doesn't and will not fit the theory. What it will eventually do is create a new theory, based on these new technological realities. In fact, I envision such tremendous changes in our society because of cryptocurrency in general that it's hard to even imagine what the consequence will eventually be. My concern is not that Bitcoin will not work, but that it will work so well that it will totally transform the world, which, given human nature, can lead to big disasters, like famines, wars and so on. |
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