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Topic: is the "internet industry" opposed to bitcoin? - page 3. (Read 3341 times)

legendary
Activity: 1092
Merit: 1001
I think you're close to the mark.. but perhaps it's more that most venture capitalists (and people who are already wealthy in general) are skeptical of it and the "internet industry" is echoing that.
I suspect also that much negative bitcoin sentiment is driven by how journalists report on it, and most journalists are much more geared towards looking at the past than looking forward.  
member
Activity: 70
Merit: 10
Alot of people seem to be opposed to bitcoin...  Wink
sr. member
Activity: 420
Merit: 250
it's really strange to me that a lot of internet industry folks, a lot of otherwise really smart people, seem to be taking a very defensive stance against bitcoin.

i am trying to understand the reason for that: bitcoin remains one of the most innovative ideas ever to be developed, and the people who are rejecting it the most "coldly" seem to be people who work in an industry that allegedly is all about disruption and embracing the new. is bitcoin _too_ innovative?

has someone that a lot of these folks respect spoken authoritatively against bitcoin, and I've simply missed it? i often read people from the internet industry citing krugman and the first quora post in which some guy named Adam (who apparently works for an online sports ticketing company) tears it to pieces, but there are just as many good counter-arguments in that post.

does bitcoin contradict an "expert class" of some sort, perhaps? the opposition often says "you know nothing about economics", when bitcoin is brought up.

perhaps the upset and opposition mostly stem from the fact that "internet industry" players cannot control it?

i ask all of this, simply because i haven't been convinced of its faults by any of the arguments i've seen, and i am continually confused by the fact that these productive people aren't all going crazy with excitement about this project.

thoughts?
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