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1. Mayel (mayel@social.coop)'s status on Saturday, 09-Dec-2017 12:20:08 UTC Mayel

   "The #bitcoin #cryptocurrency was supposed to replace the #finance industry. Instead, it has replicated it.

   Nakamoto wanted to create a system for #payments that would circumvent governments, bankers, and corporations. Instead, Bitcoin is now a get-rich-quick scheme that retains none of the exciting, anarchist features it proposed and has created a secondary #economy with financial shenanigans that mirror the ones that led to the global financial crisis."

   https://theoutline.com/post/2592/bitcoin-is-none-of-the-things-it-was-supposed-to-be

   • தோட்டக்காரன்(gardener) repeated this.
   • Falgn0n The Wizard 🔮 (falgn0n@social.librenet.co.za)'s status on Saturday, 09-Dec-2017 21:14:19 UTC Falgn0n The Wizard 🔮

     in reply to

     @mayel
     Anything that can be centralised, will be

   • ghostDancer (ghostdancer@quitter.se)'s status on Tuesday, 12-Dec-2017 15:26:22 UTC ghostDancer

     in reply to
     @mayel Absorb and assimilate, the system always does that with things that can run out of its control.