Bitcoin companies will generally want to sacrifice security for superficial, short-term adoption. They're businesses, after all and more customers is how they make money. Users, on the other hand, will want security for their coins and will care much more deeply about true long-term adoption. This continues to be a tension that won't be resolved anytime soon.

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We mostly care about long-term sustainability. Will #Bitcoin be around 100 or 200 years from now. That's bitcoin's true value proposition. Bitcoin has nothing to do with sales and marketing. Nothing to do with the Wall Street get rich quick shell game. Nothing to do with the banking usury industry. If they can also benefit from Bitcoins, good for them. But they're the cart and Bitcoin is the horse. The fastest horse in the race. It's designed to not bend the knee for anyone. They will all have to just get over it..โš–๏ธ๐Ÿ‘ฎโ€โ™‚๏ธ
@jimmysong Have you ever heard of this lady? Before I fell down the #RabbitHole that #Bitcoin is, I remember this lady had caught my ears speaking of why growth isn't sustainable due to the contradictions growth itself can bring into the concept of business. Many of her arguments would be praised by #Fiat printers, but I found it interesting that there were arguments in it which overlap with the concept of what a Bitcoin #Economy would look like. Perhaps that's why she has not gained any traction, compared to that jerkoff #Krugman, or queen of the #Keynes fan club #Kelton... I'd be super curious what a long time Bitcoiner would think of Kate's concept of #DoughnutEconomics...
So true, I've seen very few Bitcoin companies (if any at all) that did not ammend their principles for monetary gains.
surfs's avatar
surfs 2 years ago
How do you securely generate your private public keys?
This is a classic example of half truth. The snake oil salesman gives half of the truth of longevity (that you can do on your own) and then finishes his presentation by asking you to buy his product.
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