Economic

Bitcoin, Magical Thinking, and Political Ideology

“To those less kind, Bitcoin has become synonymous with everything wrong with Silicon Valley: a marriage of dubious technology and questionable economics wrapped up in a crypto-libertarian political agenda that smacks of nerds-do-it-better paternalism. With its influx of finance mercenaries, the Bitcoin community is a grim illustration of greed running roughshod over meaningful progress.”

Source:Alex Payne — Bitcoin, Magical Thinking, and Political Ideology

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