Refutation of “The OG Bitcoin business model works fine”
This is a refutation of this article: https://read.cash/@noise/the-og-bitcoin-business-model-works-fine-ec62a251 Noise makes two contradictory arguments: > The OG Bitcoin business model works fine > Adoption has been set back by attacks He makes no attempt at resolving this contradiction, hence the article is moot. He does argue irrelevant points though, red herrings one might argue: Bitcoin is actually better than the USD He believes 11 years is not long The projects I listed that took over actually also have bad business models In order to enforce Ostrom’s 8 principles, we need a central party. (Besides being irrelevant, I fail to see why this is true) Therefore, I come to my final conclusion: **Username checks out.**
5 comments
Great work cutting through the Noise.
looking forward to the refutation of the refutation @noise.
I don't think these two statements are necessary contradictory. Yes, it is possible to slow down and temporarily hold back something which is unstoppable. But eventually it will win over the world. Because the adoption model works.
Assertion
Sir i like your article. actually it's very useful article for us.thanks for share.lot of respect.