Replying to Avatar Thorwegian 🇳🇴

my feeling about Bitcoiners who think it can replace a bank is that they're a bit young, inexperienced and naive about how the economic system works. you think an algorithm can replace a system that's been developed for hundreds of years. go look into how banking emerged historically and you'll understand why it's not sufficient to just have a system for valuable trinkets. the economy is credit-based.

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Habanero 2y ago

You lack imagination...

Imagine a world with ZERO debt

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Habanero 2y ago

The most sophisticated thing you can do in engineering is to design the problem to dissappear

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