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Author Topic: Satoshi's 100 year plan? Failed. USD wins again.  (Read 1966 times)

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Tasty

  • Senior Member
Satoshi's 100 year plan? Failed. USD wins again.
« on: January 15, 2016, 01:15:02 PM »
https://medium.com/@octskyward/the-resolution-of-the-bitcoin-experiment-dabb30201f7

Quote
But despite knowing that Bitcoin could fail all along, the now inescapable conclusion that it has failed still saddens me greatly. The fundamentals are broken and whatever happens to the price in the short term, the long term trend should probably be downwards. I will no longer be taking part in Bitcoin development and have sold all my coins.

Internet libertarians on suicide watch.
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brob

  • 8 diagram pole rider
  • Senior Member
Re: Satoshi's 100 year plan? Failed. USD wins again.
« Reply #1 on: January 15, 2016, 01:17:04 PM »
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:benjisignal
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Tasty

  • Senior Member
Re: Satoshi's 100 year plan? Failed. USD wins again.
« Reply #2 on: January 15, 2016, 01:20:03 PM »
Quote from: brob on January 15, 2016, 01:17:04 PM
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:benjisignal

Did he finally get back from his vacation in Oregon?
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brob

  • 8 diagram pole rider
  • Senior Member
Re: Satoshi's 100 year plan? Failed. USD wins again.
« Reply #3 on: January 15, 2016, 01:24:20 PM »
Quote from: Tasty Meat on January 15, 2016, 01:20:03 PM
Quote from: brob on January 15, 2016, 01:17:04 PM
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:benjisignal

Did he finally get back from his vacation in Oregon?

back, and as good as new
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Brehvolution

  • Until at last, I threw down my enemy and smote his ruin upon the mountainside.
  • Senior Member
Re: Satoshi's 100 year plan? Failed. USD wins again.
« Reply #4 on: January 15, 2016, 02:04:28 PM »
Thanks for driving up video card prices to make your fake money, shitlords!
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©ZH

benjipwns

  • your bright ideas always burn me
  • Senior Member
Re: Satoshi's 100 year plan? Failed. USD wins again.
« Reply #5 on: January 15, 2016, 02:28:12 PM »
Quote
Another is that the miners refuse to switch to any competing product, as they perceive doing so as “disloyalty” —and they’re terrified of doing anything that might make the news as a “split” and cause investor panic.
:doge
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Trent Dole

  • the sharpest tool in the shed
  • Senior Member
Re: Satoshi's 100 year plan? Failed. USD wins again.
« Reply #6 on: January 15, 2016, 02:50:23 PM »
Haven't heard anything about bitcoin in a while and apparently that was cause it's been imploding and some people are trying to hide that. Thought this thread was going to be about Satoshi Kon.

Buttcoin was always stupid.
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Hi

Tasty

  • Senior Member
Re: Satoshi's 100 year plan? Failed. USD wins again.
« Reply #7 on: January 15, 2016, 02:55:59 PM »


:lol
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ToxicAdam

  • captain of my capsized ship
  • Senior Member
Re: Satoshi's 100 year plan? Failed. USD wins again.
« Reply #8 on: January 15, 2016, 03:14:48 PM »
What does this mean for the 1000 Dogecoins my ten year old has mined? How's he going to get go to college now?!

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recursivelyenumerable

  • you might think that; I couldn't possibly comment
  • Senior Member
Re: Satoshi's 100 year plan? Failed. USD wins again.
« Reply #9 on: January 15, 2016, 03:28:05 PM »
oh man, I highly recommend clicking through to the article link in the OP, it's an amazing read.

I always thought bitcoin was a pretty cool idea :shrug
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QED

Tasty

  • Senior Member
Re: Satoshi's 100 year plan? Failed. USD wins again.
« Reply #10 on: January 15, 2016, 03:38:48 PM »
Yeah just finished reading it, very well-written.
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tiesto

  • ルカルカ★ナイトフィーバー
  • Senior Member
Re: Satoshi's 100 year plan? Failed. USD wins again.
« Reply #11 on: January 15, 2016, 03:55:56 PM »
Thought this was a Pokemon thread

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^_^

Tasty

  • Senior Member
Re: Satoshi's 100 year plan? Failed. USD wins again.
« Reply #12 on: January 15, 2016, 03:59:48 PM »
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Rufus

  • 🙈🙉🙊
  • Senior Member
Re: Satoshi's 100 year plan? Failed. USD wins again.
« Reply #13 on: January 15, 2016, 05:49:19 PM »
The denial in the comments is pretty strong. As is the rank stupidity.
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Great Rumbler

  • Dab on the sinners
  • Global Moderator
Re: Satoshi's 100 year plan? Failed. USD wins again.
« Reply #14 on: January 15, 2016, 07:42:26 PM »
The time is now ripe for the rise of Dogecoin. :doge
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dog

curly

  • cultural maoist
  • Senior Member
Re: Satoshi's 100 year plan? Failed. USD wins again.
« Reply #15 on: January 15, 2016, 08:29:10 PM »
Oppressive Chinese Government 1, Libertarians 0
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curly

  • cultural maoist
  • Senior Member
Re: Satoshi's 100 year plan? Failed. USD wins again.
« Reply #16 on: January 15, 2016, 08:30:24 PM »
That article is pretty cool tho
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