hardmoney99

I like how there is a typo in the title

"Over-communicate. In the world of async work, it is best to over-communicate than to leave gaps - making people wonder what you really meant to say."

IMO, this is key. All of the previous async teams I've been on - the ones that worked the smoothest always over communicated.

> No, you're using nonsense distinctions that come from the 'Austrian school', Do you have an actual rebuttal to anything I've said or will you resort to emotional and ideological attachment to what others have decided for you?

>By the way I love the condescending addendum, sure, the only reason that anyone could possibly be negative about Bitcoin is that they haven't learned enough about it. LOL.

Another reason people might view Bitcoin negatively is because they let others think for them (reaching flawed, uneducated conclusions, passed down onto you).

Or conflict of interest. Financial privilege. Not biting the hand that feeds you. Fitting in with your peers who have the same herd mentality. Take your pick.

You're confusing money with currency. Bitcoin is excellent money, the best there is. Currency? not so much due to current fluctuations. With adoption that will subside, so will the yields, and it may start behaving more like currency (or not). It's quite possible it becomes money but not currency with something like a stable coin taking place of currency. That doesn't mean that it won't try or won't make it. When you try to take on the entire finance system of the world, it's obviously going to take time and we may not see the fruit's of Satoshi's labor in our lifetime. The last block is not mined until 2140.

For anyone else reading these comments, HN will not let me reply to all of your as I'm posting too fast. I would love to reply to every comment here. All very valid concerns and criticisms, although misplaced, deeply misunderstood. I don't blame you. If I were a skeptic of something, I would probably not put 1000 hours of educating myself on that subject. I am not here to convince anyone of anything. Don't buy bitcoin. In fact, buy the short ETF out (today?) if you are so convinced it's not going anywhere positive. I really don't care. It would be great if more people were less emotional about Bitcoin just because it has monetary properties and seems like a ponzi, and actually took the time to think about it more deeply - but I understand that you're busy and would rather dismiss it. Fine by me.

Proshares etf to short bitcoin: https://www.cnbc.com/quotes/BITO Vote with your conviction.

>Sorry this is all too vague. How do you define "broken" and what does this post-debt-driven economy look like?

Look up % of world population living in hyperinlationary environments to get your answer. The post-debt driven economy is one where a handful of people cannot devalue your labor with a press of a button.

> Whats the use case here exactly? Freedom from corrupt governments that debase your currency into oblivion, only to adopt another currency which suffers from the same ultimate fate. Financial inclusion is the use case. It's broad, it's ambitious and ultimately to entrepreneurial interpretation.

You literally have to go through a regulated exchange to onboard and unload your illicit transactions. Not to mention your entire transaction history is public up to the exchange event. The biggest money launderers of today are literally the world's biggest banks. Go look up Deuche Bank money laundering fines.

Bitcoin is voluntary. The goal is better money. If you take on that big of a challenge, you kinda need people to participate with their "old" money. It's called adoption. Just like internet would have no value if nobody participated, bitcoin has no value if nobody participates. Do you send email to yourself? No. Do you shop from a non-existing platform? no.

What you describe here is grouping of thousands of different types of demographics into one. The reality is very different depending where you live, and your level of technology access varies. A fleeing Ukrainian is very well versed in Bitcoin - Ukraine has one of the highest levels of adoption. A Nigerian is also very versed in Bitcoin - despite their government's attempt at curtailing use, they still find a way. A kid in Congo may or may not have access to a smart phone - that I have no way of knowing, but I do know that cell phone access is ubiquitous in Africa despite what many imagine or believe. Sure, their needs may be better served by a stable coin, but that does not relieve bitcoin of value. A Salvadorian may or may not understand Bitcoin - but this is like asking the population to understand how your email protocol works - there's a lot to learn. Even in a country like Japan, Bitcoin is becoming a safe haven with the Yen losing 20% of its value when comparing to USD.

Going back to the topic of the "most vulnerable", a bank that you and I take for granted is a luxury in many of Africa's nations. Bitcoin is a permission-less banking system. Does it have technological hurdles for the average person to overcome? Yes. But this is all being worked on right now by people I talk to every day. The same way that most people have no idea how SMTP works, you won't really need to understand behind the scenes of Bitcoin. There are various levels of autonomy and people will fall on the spectrum of where they are comfortable, with the level of privacy / security that most fits their Bitcoin education.

You might find this short video interesting (only 10 seconds or so): https://twitter.com/HODLneverSODL/status/1518134911244320769...

Bitcoin is the solution to the fundamentally broken debt-driven economy. Critics don't get it because they lump it together with "cryptocurrency". While technically a cryptocurrency, Bitcoin does not exhibit any of the ponzi, scam-like shenanigans that are easily observable in shitcoins. Yes, there is a lot of crazy stuff happening with wash trading - but this is a byproduct of lack of regulation and has nothing to do with the thing that is Bitcoin. Most critics just don't understand what problem Bitcoin solves. They think it has something to do with replacing currency, or sending payments. Bitcoin is a financial freedom tool for billions of people, the likes of which do not browse Hacker News. Those people get Bitcoin instantly. They don't need articles like this one to tell them why their needs are unmet by the traditional finance system. The thing that Bitcoin critics lack is the understanding of credit markets, central banking and manipulation of money - the source of a large number of problems in the world. To them, everything is fine. Reminds me of that meme where the place is on fire and the dog is sitting in the middle of the room - that's the Bitcoin critic.