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A Response to Paul Krugman from a Keynesian Bitcoiner

21 点作者 the-Duke大约 3 年前

8 条评论

astoor大约 3 年前
The author repeatedly refers to Bitcoin as a "public good", "dependent" on a "volunteer-layer", like the crypto bros such as the article author are putting all their time and effort into running a public service for the greater benefit of society out of the goodness of their hearts with no expectation of profit. That is clearly the exact opposite of reality - they are trying to extract maximum personal profit in the shortest time irrespective of the damage they are doing to our society and environment.
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javert大约 3 年前
The author doesn&#x27;t seem to have much in common ideologically with most bitcoin people or to have a similar analysis of bitcoin to that of bitcoin people. So calling himself a &quot;Keynesian bitcoiner&quot; seems incorrect.<p>It seems that he disagrees with certain fundamental intellectual premises of bitcoin.<p>You don&#x27;t get to call yourself a member of a movement if you fundamentally disagree with it. No; you&#x27;re somebody criticizing it from the outside. That&#x27;s fine, but don&#x27;t conflate the two. You can&#x27;t be an anti-bitcoin bitcoiner, an anti-left leftist, or an anti-Nazi Nazi.
hartator大约 3 年前
&gt; “from each according to his ability, to the miners according to their hashpower”<p>Satoshi Nakamoto never said that.
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mywaifuismeta大约 3 年前
What I really want to know is, why is this flagged? HN full of low quality BS semi-technical Medium articles, but once something about crypto comes up it gets flagged.
icefloe大约 3 年前
&gt; &quot;Bitcoiners are trying to create a public good (a non-excludable and non-rival data network) that is also self-sufficient (pays for its own provision).&quot;<p>What is the economic benefit of Bitcoin, net of the environmental cost of powering its provision mechanism? If in the long term the cost of energy expenditure to generate a new coin surpasses its value, then society is in the red.
randomhodler84大约 3 年前
Bitcoin as a concept is philosophically opposed to the philosophy of Keynes. What is a Keynesian Bitcoiner anyway?
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obarthelemy大约 3 年前
Gist of the article: Bitcoin has issues because people are out for profit. Everything would be peachy if volunteers had control.<p>Goodluck with that. It&#x27;s funny when a pro-X convinces you more that X is doomed.
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causality0大约 3 年前
I didn&#x27;t think people still took Paul &quot;The Bigger the Bubble the Better&quot; Krugman seriously anymore.
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