Post
Topic
Board Press
Re: [2014-03-26] Marc Andreessen Calls Warren Buffett Old White Man at Coinsummit
by
Peter R
on 26/03/2014, 17:39:43 UTC

His age is not relevant as a causal variable. His mindset is. He has a huge vested interest in the status quo. Not every old person does - Buffetts are relatively rare in any generation, but their mindset is found in every generation (think Zuckerberg). Young people tend not to have vested interests (yet), although some do (think BTC foundation, for example). The "vested interest" argument is a more useful predictor of behaviour than the generational argument. Making assumptions about all people in a particular demographic based on averages is an unwise strategy. Consider the apocryphal statistician who drowned in a river that had an average depth of one foot. Turning BTC progress into a generational conflict is unwise. You will discover in time that each generation has its share of Luddites. I learned all this the hard way - my generation was going to change the world back in the '60s - it turned out that our generation had the same mix of pro/anti change people as any other generation - we just didn't realize it until much later.

At another level - name-calling is what BTC's opponents do when they have no valid arguments. Our side needn't and shouldn't do it. It squanders credibility for no significant gain.


Great post aigeezer.  I've missed reading your insightful commentary--haven't see you here in a while.