[2014-06-21] How Progress Happens: The Case of Bitcoin

[LiteCoinGuy]

How Progress Happens: The Case of Bitcoin

http://lfb.org/how-progress-happens-the-case-of-bitcoin/

[Junko]

Great perspective.

Just sit back and enjoy the ride.

[kjlimo]

eBay has already added a section that allows Bitcoin trading.

link?

This is what I get when I search for bitcoin in their "Paying for items" Help section:

We didn't find a good match for your search. Please try again, or see our Related help to the right.

GREAT article BTW

[nwfella]

I think Mr. Tucker touched on a number of good points in his article.  Just in the brief time that I've been involved with bitcoin (early 2013) I too have seen a slow and gradual shift away from the "bitcoin is dead" type of articles with every new piece of significant bad news that hits.  Really looking forward to seeing what the remainder of this year brings to this roller-coaster ride we call bitcoin!

[CoinMode]

Great perspective.

Just sit back and enjoy the ride.

Or you stop being a lazy asshole who thinks posting little comments is all that it takes for cryptocurrency to end the central bank monopoly. Get your ass up and go do something to make sure the ride happens. There is far less of a guarantee that anything good will come of bitcoin if you just sit there and "enjoy the ride". There won't be any ride at all with things like you weighing it down.

[Chef Ramsay]

Jeffrey Tucker is a very good writer, scholar and a gentleman (speaks like one too). I occasionally get to hear him interviewed on Free Talk Live and he knows his stuff from an austrian perspective.

[Junko]

Great perspective.

Just sit back and enjoy the ride.

Or you stop being a lazy asshole who thinks posting little comments is all that it takes for cryptocurrency to end the central bank monopoly. Get your ass up and go do something to make sure the ride happens. There is far less of a guarantee that anything good will come of bitcoin if you just sit there and "enjoy the ride". There won't be any ride at all with things like you weighing it down.

LOL. Wow, my little comments got you really riled up, huh? Was this the straw that broke the camel's back or what? Or do little insignificant things always cause you such anger and bitterness in real life?

Sorry to break it to you, but not everyone who has or is into bitcoin has the means or time to go full out aggressive in order "...for cryptocurrency to end the central bank monopoly."

Since you're calling me out here, I'll go ahead and say that I have a medical practice to tend to. I'm not about to close it out and tell all my patients, "Sorry, everyone. But you are all going to have to find a new doctor. You see, I've been a lazy asshole just posting little comments on a bitcoin forum. So in order for me to keep enjoying the bitcoin ride I'm currently on, I'll need to sell my practice and start up a bitcoin business and make lots of long-winded posts full of hot air like all the other know-it-all gits with an over-inflated sense of self-importance."

In other words, go fuck yourself, Mr join date February 2014. You have no idea where and how much I've advocated for bitcoin.

Apologies to others for my adding to the derailment of this thread.

[Swordsoffreedom]

Back onto the article

The article was spot on about the utility of Bitcoin as well and I love his writing style.

Now I realize that there is no big day for Bitcoin; there is a long march of small steps in the direction where it appears to be headed. No one adoption is the key. No one improvement in the protocol is going to make it finally happen. It has to go through a process that includes small steps toward commercial adoption, the building of a producer-side infrastructure, and a slowly dawning public consciousness.

There really is no shortcut we will get there one step at a time.

@ Junko as a curiousity would you accept Bitcoin if one of your patients was willing to use it.

Anyways good article.
Thanks for sharing

[Junko]

@Swordsoffreedom: Yes, I would and plan to. I've been discussing it with the cfo and lawyers of the group my practice is a part of. The only thing is the patient population we serve is mostly (99%) medicare/medicaid inner city, low income (and sad to say, less educated - at least about bitcoin) patients. But yes, I would accept bitcoin.