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    • marius4 months ago

      This is an absolute brilliant re-surface of a 2013 article of Yanis Varoufakis - which is today in 2021 even more accurate than back in 2013. I'm a big believer in blockchain technology in and of itself. However, the Ponzi happening in the BTC community at the moment is getting out of hand.

      Let us focus on supporting and developing real solutions, i.e. beautiful projects such as Ethereum, Cardano, Chainlink, Polkadot, etcetera. For digital cash? Maybe it will be Dash, BCH (Bitcoin Cash) or BSV (Bitcoin SV) or a coin issued by the FED or ECB. At the moment nobody knows. But with every passing day, I realize that the BTC (Bitcoin) community is getting crazier and crazier making it clearly some kind of Ponzi with BTC being neither digital cash (too much volatility) and neither digital gold (clearly no hedge against inflation).