this post was submitted on 06 Dec 2024
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Technology

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Money corrupts; bitcoin corrupts absolutely. Disregarding all of bitcoin's shortcomings, a financial instrument that brings out the worst in people—greed—won't change the world for the better.

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[–] tardigrada@beehaw.org 1 points 1 week ago (1 children)

Money corrupts; bitcoin corrupts absolutely. Disregarding all of bitcoin's shortcomings, a financial instrument that brings out the worst in people—greed—won't change the world for the better.

I disagree with this statement. Blockchain is only a technology, good or bad is what we humans are doing. It depends how we use BTC and other coins, but that's a human issue rather than a technological one.

[–] arsCynic@beehaw.org 2 points 1 week ago* (last edited 1 week ago)

Money corrupts; bitcoin corrupts absolutely. Disregarding all of bitcoin’s shortcomings, a financial instrument that brings out the worst in people—greed—won’t change the world for the better.

I disagree with this statement. Blockchain is only a technology, good or bad is what we humans are doing. It depends how we use BTC and other coins, but that’s a human issue rather than a technological one.

≈ “C₁₀H₁₅N is only a chemical, good or bad is what we humans are doing. It depends how we use crystal meth and other chemicals, but that's a human issue rather than a technological one.”