Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
Peter Lambert
on 15/11/2013, 16:48:35 UTC

But people who do computer science have natural language, math, CS, and probably a half dozen different CS languages with semantic differences (procedural, functional, rule-based, document layout).  To a greater degree (still pretty small for many) their minds are flexible enough to think in multiple frameworks.

Frankly, this is why cypherdoc's comment "the nerds do not know that which they have created" pisses me off.  We know.  Its the economics professors and media talking heads who were endlessly reporting and blogging negatively about Bitcoin. Before 2013 99%+ dismissed Bitcoin.  But of that 1%, most were engineers.

But the "nerds" also know that, like daylight savings time the real world at times makes changes beyond the control of any system no matter how elegant.  "We" know that bitcoin is awesome but at the same time we know what we don't know and can't control.  So while I've been saying that bitcoin could become first global exchange currency I've been saying it quietly :-)



Yet how many of the nerds who found bitcoin in 2010 or 2011 sold off all their bitcoin holdings when they were up 10%, and completely missed benefiting from the big rises in price?