pull down to refresh

It was when I learned it was actually decentralized and had strong forces that would keep it that way, and not decentralized-in-theory1 like nearly everything else that calls itself decentralized these days.
Before that, I mostly saw it as another "blockchain" and was interested in the tech. Then when I started learning about "blockchain" through bitcoin, I had this aha and it brought back all my memories of austrian econ that I'd given up on for practical reasons.

Footnotes

  1. Lots of things claim to be decentralized on the grounds of "if people work really hard to decentralize it, it will be decentralized" only to realize people don't want to work really hard for free. ↩
I have a few books on Austrian economics, I need to finally read them! I also find it amazing that the decentralisation has proven to be such a strong aspect that now countries stop fighting bitcoin and instead are ready to join it...
reply