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Topic: What Bitcoin Has Taught Us About Human Nature - page 2. (Read 2761 times)

hero member
Activity: 742
Merit: 502
Circa 2010
What Bitcoin Has Taught Us About Human Nature:

Humans are greedy.

I think most of us already realised that humanity is greedy and selfish, BTC is just another case in point.
sr. member
Activity: 318
Merit: 250
Pump and dump and people are greedy !
sr. member
Activity: 280
Merit: 250
Knowledge is Power
Fiat developed over thousands of years. Bitcoin has had five. How can you declare it as a failure? Especially when every day, more and more merchants accept it, and it is engrained in our society more and more. Sure, the average joe might still see it as a "ponzi scheme" or whatever uneducated opinion. But it's getting traction and more people are finding out about it. It's also overcome and continues to overcome countless problems, both technical and social (like all the scams, the Mt.Gox failure, the hacks, etc).
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
Without speculators the old-timers would still be buying their Friday night pizza for 10,000 BTC each.

Bitcoin offered free, anonymous money that held the promise of freeing us from the tyranny that stems from state issued and state mandated currencies.

And it failed. It failed because in the end most people didn't want to use and accept it in commerce to liberate themselves from the chains of state issued currency. What people wanted was not to use bit coins to buy and sell, but instead to buy hoard and sell the bitcoins themselves in hopes of getting rich.

It failed because, at our core, none of us really wanted freedom, and privacy in our economic transactions, all we wanted was speculations and more money.

Bitcoin is proof once again that people don't care about liberty, they care about wealth. And they will always sacrifice liberty for money.

The failure of bitcoin rests in it's fundamental belief that people wanted to be free. People don't want to be free, they want fast cars, big houses, and easy money.


ps. BTC didn't fail, it is a huge, unfinished success story.
sr. member
Activity: 476
Merit: 250


Quote

Easy money = Quit my job, be free and live the life as a crypto dandy.

Nothing wrong with that!

My $.02.

Wink
hero member
Activity: 784
Merit: 500
Bitcoin offered free, anonymous money that held the promise of freeing us from the tyranny that stems from state issued and state mandated currencies.

And it failed. It failed because in the end most people didn't want to use and accept it in commerce to liberate themselves from the chains of state issued currency. What people wanted was not to use bit coins to buy and sell, but instead to buy hoard and sell the bitcoins themselves in hopes of getting rich.

It failed because, at our core, none of us really wanted freedom, and privacy in our economic transactions, all we wanted was speculations and more money.

Bitcoin is proof once again that people don't care about liberty, they care about wealth. And they will always sacrifice liberty for money.

The failure of bitcoin rests in it's fundamental belief that people wanted to be free. People don't want to be free, they want fast cars, big houses, and easy money.


Easy money = Quit my job, be free and live the life as a crypto dandy.
newbie
Activity: 30
Merit: 0
Guys, it's over, you may go home now. You heard it here first.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
Bitcoin offered free, anonymous money that held the promise of freeing us from the tyranny that stems from state issued and state mandated currencies.

And it failed. It failed because in the end most people didn't want to use and accept it in commerce to liberate themselves from the chains of state issued currency. What people wanted was not to use bit coins to buy and sell, but instead to buy hoard and sell the bitcoins themselves in hopes of getting rich.

It failed because, at our core, none of us really wanted freedom, and privacy in our economic transactions, all we wanted was speculations and more money.

Bitcoin is proof once again that people don't care about liberty, they care about wealth. And they will always sacrifice liberty for money.

The failure of bitcoin rests in it's fundamental belief that people wanted to be free. People don't want to be free, they want fast cars, big houses, and easy money.


Wrong on so many levels... 

For one thing, bitcoin doesn't rest on any such belief.  In fact, it counts on greed to secure the network as miners compete to solve the blocks. 
member
Activity: 100
Merit: 10
most of the time, I felt what loki said in the avengers is true. Humans are meant to be ruled.
We most certainly are not.

And we won't be for much longer.

Consider looking to deeper sources of philosophy than Hollywood movies.



Just a line is not going to change my opinion, I already got such opinion long before the movie and I just want to say that I agree with that and it's a very popular movie :/
hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
most of the time, I felt what loki said in the avengers is true. Humans are meant to be ruled.
We most certainly are not.

And we won't be for much longer.

Consider looking to deeper sources of philosophy than Hollywood movies.

sr. member
Activity: 350
Merit: 253
What? People acting in their own self interests? Why, I never....!
full member
Activity: 168
Merit: 100
Shit, Bitcoin failed? why didn't I get the memo?

You didn't get the email from the CEO? Check your Spam folder.
legendary
Activity: 1806
Merit: 1003
Shit, Bitcoin failed? why didn't I get the memo?
member
Activity: 70
Merit: 10
It's a cycle.

1. People want freedom.
2. Regulations are done away with.
3. Someone abuses the lack of regulations.
4. People want regulations.
5. Regulations are added.
6. Regulations start to restrict the lives of citizens and businesses.
1. People want freedom.
hero member
Activity: 770
Merit: 500
People don't want to be free..

Still, it might be nice to have the choice hey ?

Lets wait and see  Wink.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
In a world where everything considered valuable is denominated..., money is freedom.
b!z
legendary
Activity: 1582
Merit: 1010
What Bitcoin Has Taught Us About Human Nature:

Humans are greedy.
full member
Activity: 140
Merit: 100
Put your trust in MATH.
most of the time, I felt what loki said in the avengers is true. Humans are meant to be ruled.

BS.  I hate taking orders, and despise someone trying to "lead me," especially when I haven't asked or needed to be led.
sr. member
Activity: 364
Merit: 257
It also failed that everyone turned potential scammers, seriously WTF ?
sr. member
Activity: 476
Merit: 250
Bitcoin offered free, anonymous money that held the promise of freeing us from the tyranny that stems from state issued and state mandated currencies.

And it failed. It failed because in the end most people didn't want to use and accept it in commerce to liberate themselves from the chains of state issued currency. What people wanted was not to use bit coins to buy and sell, but instead to buy hoard and sell the bitcoins themselves in hopes of getting rich.

It failed because, at our core, none of us really wanted freedom, and privacy in our economic transactions, all we wanted was speculations and more money.

Bitcoin is proof once again that people don't care about liberty, they care about wealth. And they will always sacrifice liberty for money.

The failure of bitcoin rests in it's fundamental belief that people wanted to be free. People don't want to be free, they want fast cars, big houses, and easy money.


Not to put too fine a point on things but horseshit.

My $.02.

Wink
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