Post
Topic
Board Press
Re: [2016-04-20] ‘Bitcoin is dead,’ says prominent fintech exec
by
keystroke
on 21/04/2016, 10:16:33 UTC
Distributed ledger technology is a necessary component of bitcoin but not the main invention, which is a trust-no-one global currency...

Yup, haters trying to flip the narrative and fools following as usual. Look back on cypherpunk writings from the 90s. The goal was a trust-no-one private global currency. The blockchain is the technology which enables that, and a brilliant invention, but the blockchain itself wasn't the goal. The haters aren't sure what to do so they painted this blockchain picture which is intellectually pretty bankrupt and doomed to failure but experiencing some rather pathetic malinvestment at the moment. I guess it might be buying them time to a certain extent and acting as one more transfer of wealth from the hands of the uninformed. Such is the way of the world.