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Author Topic: The most respected technologists against bitcoin  (Read 2416 times)
benjamindees
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January 28, 2014, 10:36:29 PM
 #21

People here need to understand that the 'Block-chain-technology' is a very different thing from the 'deflationary BTC monetary system'.
...
The monetary system has always been described as speculative, unsustainable and near fraudulent by Economists.

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FRC:  18mAGEto3xZzfKNJPwsDVA5c2Fk5Za3nbs  http://www.freicoin.org  IRC:  Freenode #freicoin

You've had ample opportunity to pump your inflata-coin by now.  What's the market cap?  $2 million?

I think it's time to admit that the experiment's over, and to stop pretending that Keynesian economists have any idea what they are talking about.  Inflation has been demonstrated to be a burden on economies, not a benefit.  No one wants Freicoin.

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keithers
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January 28, 2014, 11:15:31 PM
 #22

I love it when people tell me... "watch out for bitcoin it has no intrinsic value."   I just ask them "what is intrinsic value?" and then they are stumped.   Most of the people that I know that are against bitcoin seriously think they are economists (in their own minds).
kaysersoze (OP)
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January 28, 2014, 11:47:15 PM
 #23

I love it when people tell me... "watch out for bitcoin it has no intrinsic value."   I just ask them "what is intrinsic value?" and then they are stumped.   Most of the people that I know that are against bitcoin seriously think they are economists (in their own minds).

That was exactly why I asked about technologists against btc and not economists because at the heart of it they don't understand/embrace true technological disruption/innovation before it gets too obvious.

And by the way this is not a new phenomena, look back to history of all great inventions and the economists/incumbents/government laughed/ignored/tried to kill/regulate.

you all should just read some more history and actually see this as a sign that bitcoin is on to something really big. Personally I get kind of relieved when I read about krugman/jamie damie take on btc, that is how it should be according to history -otherwise it wouldn't be so disruptive.

Whole idea with really true disruption is that nobody or very few gets it.

Abdussamad
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January 29, 2014, 12:07:39 AM
 #24

Miguel de Icaza: http://tirania.org/blog/archive/2013/Apr-12.html

He's the guy behind gnome and other open source projects.

nikona
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January 29, 2014, 12:14:37 AM
 #25

when the guy from dell came to fix my neighbors computer he said bitcoins were only for drug money and terrorists.  My neighbor came over to my house to warn me. Not like i have any respect from a dell it guy, but thats the only tech person i could think of.

Lol , too many negative for bitcoins
Kouye
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January 29, 2014, 12:53:31 AM
 #26

Not sure if this guy fits your requirements, but he's an IT expert.
Or so he says.
https://www.youtube.com/watch?v=YycWNwtbaG8


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January 29, 2014, 01:31:22 AM
Last edit: January 29, 2014, 02:15:59 AM by abacus
 #27

Richard Stallman, because apparently he likes paying taxes to support failed military adventurism.

Didn't he attend Bitcoin conference in London? Is he really against it?

AFAIK, he has just warned about BTC not being truly anonymous.


I love it when people tell me... "watch out for bitcoin it has no intrinsic value."   I just ask them "what is intrinsic value?" and then they are stumped.   Most of the people that I know that are against bitcoin seriously think they are economists (in their own minds).

It's funny when people say "Fiat money is backed by gold in Central Banks"...  Roll Eyes
quakefiend420
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January 29, 2014, 04:30:37 AM
 #28

Not sure if this guy fits your requirements, but he's an IT expert.
Or so he says.
https://www.youtube.com/watch?v=YycWNwtbaG8


I just watched that whole thing.  Wow.  He keeps saying derivative, I don't think he even knows what the fuck that is lol
alexeft
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January 29, 2014, 11:12:52 AM
 #29

People here need to understand that the 'Block-chain-technology' is a very different thing from the 'deflationary BTC monetary system'.
...
The monetary system has always been described as speculative, unsustainable and near fraudulent by Economists.

Quote
FRC:  18mAGEto3xZzfKNJPwsDVA5c2Fk5Za3nbs  http://www.freicoin.org  IRC:  Freenode #freicoin

You've had ample opportunity to pump your inflata-coin by now.  What's the market cap?  $2 million?

I think it's time to admit that the experiment's over, and to stop pretending that Keynesian economists have any idea what they are talking about.  Inflation has been demonstrated to be a burden on economies, not a benefit.  No one wants Freicoin.

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