Money corrupts; bitcoin corrupts absolutely. Disregarding all of bitcoin’s shortcomings, a financial instrument that brings out the worst in people—greed—won’t change the world for the better.

  • arsCynic@beehaw.orgOP
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    14 days ago

    Money corrupts; bitcoin corrupts absolutely. Disregarding all of bitcoin’s shortcomings, a financial instrument that brings out the worst in people—greed—won’t change the world for the better.

    I disagree with this statement. Blockchain is only a technology, good or bad is what we humans are doing. It depends how we use BTC and other coins, but that’s a human issue rather than a technological one.

    ≈ “C₁₀H₁₅N is only a chemical, good or bad is what we humans are doing. It depends how we use crystal meth and other chemicals, but that’s a human issue rather than a technological one.”