21–30 of 265 posts
Earlier quoted context omitted.
Can you point me to a isolationist magazine on geopolitics?
Ah, the technique of distracting from the point by bringing in an irrelevant point that cannot be debunked. Nice try.
Didn't El Salvador just announce that bitcoin is legal tender a few months ago? Isn't it a bit soon to declare that it failed? Especially considering the state of El Salvador's fiat.
Seems a bit too soon to call it a failure. It hasn’t even been a year.
Everything has to be tried except real money which won’t be given a chance “because we know it won’t work”. Morons.
There’s a kernel of neat tech innovation and a reasonable argument about monetary policy obliterated by an avalanche of greed, hype, fraud, and magical thinking.
Didn't El Salvador just announce that bitcoin is legal tender a few months ago? Isn't it a bit soon to declare that it failed? Especially considering the state of El Salvador's fiat.
The author is also the author of the book "Attack of the 50 Foot Blockchain". It seems more like a hit piece than a news article.
[0]https://old.reddit.com/r/Buttcoin/comments/nwblbp/podcast_pr...
[1]https://www.csmonitor.com/Business/2021/0611/In-El-Salvador-...
[2]http://blocktribune.com/david-gerard-can-get-long-way-just-b...
[3] https://old.reddit.com/r/ethereum/comments/6dkc8w/why_do_we_...
Didn't El Salvador just announce that bitcoin is legal tender a few months ago? Isn't it a bit soon to declare that it failed? Especially considering the state of El Salvador's fiat.
The author is also the author of the book "Attack of the 50 Foot Blockchain". It seems more like a hit piece than a news article.
I wouldn't dismiss it as a hit piece. He's obviously spending a lot of time researching what's happening in El Salvador with the Chivo wallet.
As far as i checked/found, all the information he gave, is factually correct. But yes, he is very critical of the usage of Crypto for many use-cases, but that's no reason to dismiss his research. For me personally, i like it as an alternative view of what the crypto/defi proponents are claiming.
Eg. Mentioning that it's nuts to mine BTC while they could have used the geothermal energy to lower electricity costs in the country ( since they import 20%), makes more economic sense for it's citizens.
If you want additional facts about all the hacks that are happening, you should check out https://rekt.news . You'll be surpised about the amount of hacks in Defi/Cryto land.
Color me shocked that a globalist website advocates against Bitcoin in an alarmist "news" story.
Can you point me to a isolationist magazine on geopolitics?
The opposite is nationalist not isolationist. Ie doing what’s best for ones country and country men, not the world at large. At least in the context being discussed.
Color me shocked that a globalist website advocates against Bitcoin in an alarmist "news" story.