this post was submitted on 06 Dec 2024
20 points (100.0% liked)
Technology
37799 readers
100 users here now
A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.
Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.
Subcommunities on Beehaw:
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
“[…] In the end, governments aren't inherently bad, but the people in it can be. And if they can be corrupted by bitcoin then we are merely running uphill on the Titanic.
“Strong currencies are not the solution to poor governance. Good governance and democracy makes a country and its currency strong. Not vice versa.” —halukakin, HackerNews, 2021 [26]
So, governments are not without faults, but likewise not the evil bogeymen as many people make them out to be, and neither are bitcoin enthusiasts. I still think most people mean well, but our ideas cannot account for, nor fathom the complexity of it all. Should the US decrease their disproportionally large defence budget?* Most definitely. Will bitcoin stop that? Probably not. Blame is easy, change is hard, and gambling on crypto“currencies” is not hard. It's just playing Monopoly with another currency without changing the game. Maybe that's it. Maybe they don't want it changed and bitcoin is just a charade. “I don't care if we have new banks, as long as I am rich.” But let's not get lost in speculation here as well. […]”