Replying to Avatar mark tyler

George Hotz #geohot misquoted Hayek 1984 about bitcoin in his recent techno optimist accelerationist stream (YouTube). The difference is everything for his argument.

Here’s the correct quote

"I don't believe we shall ever have a good money again before we take the thing out of the hands of government, that is, we can't take it violently out of the hands of government, all we can do is by some sly foundabout way introduce something that they can't stop." - F.A. Hayek 1984

Is there anything more deep to his anti-Bitcoin stance? Anyone know?

#asknostr #bitcoin

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DataNostrum 2y ago

He thinks it failed because too few normal people are using it, and the "sly roundabout way" was not stealthy enough since it is already on everyone's radar. (IIRC he's into ethereum)

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