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A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.

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submitted 1 week ago by arsCynic@beehaw.org to c/technology@beehaw.org

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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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[–] 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.”