"...The incentive structure is
everything...."
Well that explains the existence and relatively wide adoption of bit-coin.

oh wait....


On Tue, Mar 18, 2014 at 8:51 AM, jaume <jaume@???> wrote:

> As I see it, everything comes down to an efficiency race. Corporations,
> governments, armies, communities ... they all have different interests.
> Which is the most effective form of organization that can consistently
> deliver and maintain better technology in the long run? My bet is with
> communities.
>
> Currency is just one of the many open fronts. There are others: software,
> networks, journalism, food supply.
>
> Obviously our daily actions and our daily work give shape to the future.
> No doubt that Satoshi was a genius, but the success of bitcoin is also a
> result of the daily work of the community.
>
> Peace :)
> Jaume
>
> > the biggest mistake I see people making about Bitcoin is that somehow it
> > is a fixed system with hard guarantees that will preserve its principles
> > 100% against the will of the people participating in that system.
> >
> > against challenges or threats against bitcoin, people shrug, point and
> > laugh or roll their eyes saying that "the 21 million limit is fixed" or
> > saying it's opensource.
> >
> > some people see bitcoin like an unchangeable god that will bring
> > paradise, when in fact it's a tool subject to the consensus of the
> > people developing it. it will and does change.
> >
> > so either you fight and push hard for your principles or you compromise
> > and lay down your strength. many of the core parts of bitcoin or core
> > issues are not understood by many people (unless you perceive bitcoin on
> > a deeper level technically), and the choices are not always clear.
> >
> > it is very possible that bitcoin evolves into govcoin or corpcoin due to
> > the corrupted intentions of the gatekeepers shepherding bitcoin. we need
> > to become the custodians - each one of us must be empowered as much as
> > possible to shine light into dark echo chambers and behind closed doors.
> > we need to have our voice as part of the process that shapes and makes
> > the bitcoin of the future.
> >
> > and the way we get that voice is by making superior products that work
> > better and bring more freedom to the people. financial products which
> > encourage transparency and empower individuals to do trade.
> >
> >
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> >
>
>
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