Quote from: sockpuppet1 on May 13, 2016, 05:37:10 PM

Quote from: Pente on January 16, 2016, 07:48:56 PM

He doesn't understand the mathematics of emergence from chaos.

Bitcoin will eventually fix itself. I have as much faith in Bitcoin as I do in mathematics.

Too bad you didn't learn that the universe is composed of partial orders and not a total order. Then you'd understand why every consensus system will become centralized and thus a defacto a fiat.

Fiat has an unverifiable money supply, no party can ever verify the amount in circulation or how much was created at any moment in the past.

Broken, centralized, permissioned public shitcoin is different. We can see how much is there at any point! We can see if the ledger suddenly has new coin. Sure, I share your enthusiasm to prevent bitcoin from turning into broken, centralized, permissioned shitcoin but hey - that ain't fiat!

I don't like people shitting in my living room but I don't need to pretend shit is nuclear waste to make my argument.