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Author Topic: Why Bitcoin Will Never Be a Currency—in 2 Charts  (Read 3854 times)
Ibian
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December 17, 2013, 12:13:39 AM
 #21

Actually BTC DOSE have a Central Banker, it is just a mindless unresponsive piece of code that is executing a programmed exponentially decreasing mining schedule that Satoshi created years ago.  Yet a bunch of silly libertarians have convinced themselves that living under the economic dictates of a mindless machine central banker is better then under that of any human.  How anyone claiming to be a believer in individual liberty and the free market would submit to a system which ignores the market, ignores all economic activity and ignores all human wishes is beyond absurd, it show that the so-called libertarian in America is a stooge and knows nor cares for anything resembling liberty.

He is in fact a slave at heart and yearns only for the tyrannical.
You discredit yourself more with every post. Why don't you just stop?

Look inside yourself, and you will see that you are the bubble.
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December 17, 2013, 07:11:46 AM
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Actually BTC DOSE have a Central Banker, it is just a mindless unresponsive piece of code that is executing a programmed exponentially decreasing mining schedule that Satoshi created years ago.  Yet a bunch of silly libertarians have convinced themselves that living under the economic dictates of a mindless machine central banker is better then under that of any human.  How anyone claiming to be a believer in individual liberty and the free market would submit to a system which ignores the market, ignores all economic activity and ignores all human wishes is beyond absurd, it show that the so-called libertarian in America is a stooge and knows nor cares for anything resembling liberty.

He is in fact a slave at heart and yearns only for the tyrannical.

Humans are liable to all kinds of sins. There are even Commandments that deal specifically with a part of them. And I'm not even speaking that to err is human. Actually, bitcoin (or something that would be more useful or robust) can be regarded as a reliable basis for building tools that would specifically address the issues you pointed out...

It's too early to tell
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December 18, 2013, 07:16:32 AM
 #23

It would be a lot more accurate for the author to have entitled this piece "Why Bitcoin Will Never Be a Currency - in 2 Charts That Only Prove That Bitcoin Is Not Central Banking".

Seriously, this article is just making this syllogistic argument --

Premise 1: Bitcoin is not Central Banking
Premise 2: All currencies are produced by Central Banking
Conclusion: Therefore Bitcoin does not produce a currency.

Valid syllogistic form, MASSIVELY unsound premise #2.
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