Get the latest cryptocurrency news, updates, values, prices, and more related to Bitcoin, Ethereum, Dogecoin, DeFi and NFTs with pakcoinworker crypto ...

Post Top Ad

Tuesday, 1 June 2021

Robert Breedlove is a sharp guy, we need to open his eyes to the Bitcoin Cash Ecosystem

The exclusive right to produce money without regard for competitive market pressures is an apparatus of enslavement - Robert Breedlove 2020 https://breedlove22.medium.com/masters-and-slaves-of-money-255ecc93404f#c683

Just finished this excellent article by Robert. Unfortunately he appears to be a default Bitcoin Maxi as he subscribes to the store of value narrative. His domains of expertise seem to be economics and history, rather than technology. I'm confident that he would quickly grasp the concepts involved in the blocksize war, the blockstream takeover, and the resultant uselessness of Bitcoin for payments.

Can we reach Robert and gain his knowledge to further the vision of Peer to Peer Electronic Cash?

EDIT: His letter to Ray Dalio says:

2. You state that Bitcoin could be disrupted by another “cryptocurrency”, however this extremely unlikely: Bitcoin is a path-dependent, one-time invention; its critical breakthrough is the discovery of absolute scarcity — a monetary property never before achieved by mankind. The emergence of Bitcoin cannot be reproduced because absolute irreproducibility is the discovery! The iPhone disrupting Blackberry analogy you cite is irrelevant; Bitcoin is a protocol, not a consumer product.

So he may be beyond hope... Bitcoin IS a protocol, but protocols continually improve or die (or, in the case of BTC, get deliberately crippled).

submitted by /u/wtfCraigwtf
[link] [comments]

from Bitcoin - A Peer to Peer Electronic Cash System https://ift.tt/2TyTJAT

No comments:

Post a Comment

We have received your message and would like to thank you for writing to us, we will reply by email as soon as possible.

Talk to you soon,
[Pakcoin Worker]
[Pakcoin Global]