Post
Topic
Board Altcoin Discussion
Re: Tips on not getting scammed & a fun callout to serious devs.
by
Ix
on 06/11/2014, 04:23:44 UTC
I completely and absolutely disagree.

Satoshi created a revolutionary currency model  - if you call that a "bad precedent", perhaps you're on the wrong side of the wall.

It's not revolutionary, it copies gold with a highly accelerated timescale and the inability to cope at all with demand. The concept and the structures realized in code - absolutely brilliant, no question. The monetary system - barf.

Quote
There was no "community" before Satoshi - he built the community based on a generational leap in socioeconomics theory and cryptographic utility.

A community that has a few thousand people that will rabidly support bitcoin to the ends of the Earth and are unwilling to even discuss alternative systems without foaming, a few thousand more that are trying to engender their own rabid fanbase, and a bunch of people that are taken for a ride. Meh.