Nobody Understands Cryptocurrency, And That's Ok

Zenaan Harkness zen at freedbms.net
Mon Oct 16 16:12:10 PDT 2017


On Mon, Oct 16, 2017 at 03:20:56PM -0500, \0xDynamite wrote:
> I think Bitcoin does not understand bitcoin.

> UNDERSTAND THIS:
> 
> Expressing your opinion is the ultimate unit of work in the virtual
> world.  Distribute bitcoins on this basis.  That devalues them, yes,
> but then you don't have to expend 100kW of energy to produce them,
> maybe call them nanobits.
> 
> Then allow them to be traded freely as a neutral currency for the net.
> After this gets established, ONLY THEN can you really set a EXCHANGE
> RATE for bitcoin with physical dolllars -- because you've tied and
> anchored it to REAL WORLD VALUES.

Nice in theory, but no, any Cabal coin can be tied to physical stuff
no problems, thus creating an actual Cabal-controlled (± thus
manipulated) value for their particular central coin.


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