Sunday Articles #3

in #crypto7 years ago

Better late than never!
Tonight's articles come at you with a little delay due to me being less than organized!

Enjoy!

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#1. Does Freedom Require Radical Transparency or Radical Privacy?

Our own @dan posted! A rare sight indeed with a philosophical article on privacy, a subject dear to us all. Mind-bending, challenging and quite a nice read. Do not miss it :)

#2. BITCOIN IS SOARING. HERE'S WHY IT'S NOT READY FOR THE BIG TIME

I have a few contrarian articles today for you all. Blah blah not a currency, not scaling, what does it even do? It's a good read but also a bit funny to see how radically indifferent BTC seems to be to all the criticism.

#3. BITCOIN IS NONE OF THE THINGS IT WAS SUPPOSED TO BE

Nakamoto was a libertarian who wanted to create a system for payments that would circumvent governments, bankers, and corporations. Instead, Bitcoin is now a get-rich-quick scheme that retains none of the exciting, anarchist features it proposed and has created a secondary economy with financial shenanigans that mirror the ones that led to the global financial crisis. Goldman Sachs says it is “exploring” a Bitcoin trading operation, and on Monday, two finance companies will launch Bitcoin futures contracts so that even more betting on the price can take place. It’s as if we invented the internet and then turned it over to AT&T to operate with switchboards.

A bonus! Let's not end this on a downer but with a little education!

BONUS ROUND:

Have a great Sunday everyone!!

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Hope your enjoying your Sunday! Have a great evening @razvanelulmarin!

Bitcoin as it stands now is a bad currency (fees, confirmation times etc) and excellent investment medium. I think it is the napster of crypto

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