Quote from: deisik on December 24, 2016, 09:27:26 PM

(e.g. through the blockchain)

You might be onto something if Bitcoin actually had some type of Nash equilibrium, otherwise it's the same thing as centrally issued fiat. With the exception that as soon as someone tries to tamper with it or implement something like inflation, instead of getting inflation, half the people reject it and the other half accept it and you get a rough consensus attack like Ethereum and it just dies.

Next we will have Ethereum PoS vs Ethereum PoW vs Ethereum Classic PoW vs Ethereum Classic PoS.

Not sure how this is considered anti-fragile. It's only anti-fragile if the coin had a working Nash equilibrium the day it was released and never forked or altered afterwards. Bitcoin was released as some type of experiment that almost works but not really. Now people are trying to cover up the fact that it doesn't actually work with the cover story of: "hey guys, it works and has a Nash equilibrium...it just requires a permanent team of technocrats who will forever be fiddling with levers in an arbitrary manner just like the Keynesians do...but we will pretend that's a Nash equilibrium"

So you have a winner take all paradigm on the mining side, and a permanent technocracy on the client side that operates similar to how politicians work where they advocate needing permanent change to justify their own existence as a change maker. So you centralize terminally in two directions at the same time with a joint rule of technocrats and Chinese slumlords who rule over everyone else.

I've honestly had it. Bitcoin could go to $200,000 a coin but it won't be because it works as advertised. It will either implode, skyrocket then implode, or just be co-opted by government and run as the digital slave system. I cannot justify being all-in on Bitcoin anymore because it simply does not work, which is why I had to diversify a big chunk and buy the next best option which is silver. The silver was essentially free since I made 800% on Bitcoin & Monero this year, so whatever.

No, I am not waiting to buy on a certain date because some guy named Armstrong believes we live in a deterministic universe and unicorns came down from the sky to give him a magical computer that cracks the code of life. All this shit can go belly up in a black swan at any second. It's like listening to the Heebs that think you can run the Torah through a number cruncher and print out a Nostradamus script.