Hearn: The resolution of the Bitcoin experiment
Hearn: The resolution of the Bitcoin experiment
Posted Jan 23, 2016 5:40 UTC (Sat) by marcH (subscriber, #57642)In reply to: Hearn: The resolution of the Bitcoin experiment by markhb
Parent article: Hearn: The resolution of the Bitcoin experiment
Nice. From it:
> All this shouldn't take away from the real genius of the block chain idea and implementation. It could be potentially transformative. But the Bitcoin failure does illustrate that human institutions must have politics in addition to technical expertise. Try to engineer around politics, and it will flood back in the most atavistic and unscrupulous forms.
> All this shouldn't take away from the real genius of the block chain idea and implementation. It could be potentially transformative. But the Bitcoin failure does illustrate that human institutions must have politics in addition to technical expertise. Try to engineer around politics, and it will flood back in the most atavistic and unscrupulous forms.