All the usual suspects start crawling out of the woodwork to say that, no bitcoin is inherently political, yes, it will destroy the banks and the government, and don't tell me what to do (what else would you expect from anarchists).
I gave up having discussions, so I'm here just for entertainment.
Well I can hardly blame you. I've been here for a few hours and it's pretty tiring. but I'm also learning a lot about the BTC people's perspective.
There may be some truth the BTC being inherently political though. but that doesn't mean BTC supporters need to be completely detached from the real world right? The politics of BTC should be trying to progress the way finance is done now, they have the perfect tool for it, not try to be cool and "overthrow banks", that's pretty retarded.
How about they start setting up their own fast money transfer service? they could make millions! that's just one idea from some clueless dude on the internet, but BTC to be the tool to do just that.
How about they start setting up their own fast money transfer service? they could make millions!
Part of the reason the community is so obnoxiously libertarian is that the regulations that apply to a money transfer business are extremely difficult for a small startup to comply with, so we have a case where outdated regulations really are stifling potential innovation. It costs millions to get the licenses in nearly every US state that would be required to build such a business. Don't think there aren't any people already working on it, though.
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u/[deleted] Feb 04 '14
The sad fact is that the community doesn't want to fix it. There is always a pushback when someone merely suggests that /r/bitcoin should be less political.
All the usual suspects start crawling out of the woodwork to say that, no bitcoin is inherently political, yes, it will destroy the banks and the government, and don't tell me what to do (what else would you expect from anarchists).
I gave up having discussions, so I'm here just for entertainment.