vinney @vinney - 14h
I think Bitcoin is actually just all of Austrian economics instantiated in the real world. I mean that literally: Bitcoin is not a physical thing, it is an **idea**. Specifically, it is a constellation of a set of narrow ideas from Menger onwards, instantiated as pure information yet able to perturb our physical reality as if it were A Thing. It is one of those rare moments that you typically only see in art or spirituality where a pure idea can break the fourth wall into physical reality in a nearly supernatural manner. I could get on board with this as a religion, since the main characters are Human Action and subjective value - all of it reduceable to easily understood and observable phenomena, yet with an element of ineffable spirit where the worlds collide.
YODL @YODL - 14h
Tried to zap, not sure if working. Anyway good post
vinney @vinney - 11h
I see it primarily in a technology context. but many similarly impressive projects came out of the same context. this one is different. for this reason
this is what someone who doesn't understand networks says.
sorry this thread is for Materialists only
vinney @vinney - 9h
look up the current hashrate before you tell me Bitcoin has no purpose.
