Oddbean new post about | logout
 Really think this is a non thing. The CIA has no control of the bitcoin protocol, Gavin was just licking boots, And bitcoin is bigger than ever. People like Max Keizer think the dollar will completely collapse, I don’t. The Japanese yen is over 300% debt to GDP, Same with the Chinese yuan. 

In my mind I think 🤔 shouldn’t the whole thing crash? Isn’t global anarchy possible? Then I think about homeless people I see in really bad shape, Homeless people can live a long time even when they are intentionally destroying themselves. The same with governments. You can still visit the acropolis, You can still visit the colosseum, You can still visit the pyramids, But all are symbols of failed empires. 

I look forward to the day when I can roam the world freely on the capital I accumulate digitally. I tried this already on a Fiat standard and to no surprise my own capital collapse happened gradually then suddenly. I don’t think El Salvador will be a privileged place for anyone but El Salvadorian people to live. There are examples of countries that are not upside down in debt like Denmark or Monaco. Maybe I will have children in one of those places so my children don’t work themselves to death surrounded by assholes who are too selfish to realize the financial system is fucked. 

End of rant. 
 I totally agree with your comment that governments will not fall, nor will fiat currencies, just look at Japan.

As for Gavin, keep in mind that after this Gavin was one of those who supported increasing block size and thereby hurting decentralization.

Don't underestimate the CIA. 
 Fake news agency faking being intelligent?

Yeah no, the incompetence is never to be underestimated. 
 And all this without any grounded causal dynamic makes the binary most prone to fuckery when running on main, which in turn makes quite the vulnerability considering us tins ass. 
 Randomness when killing?
✉️

🗝️

People must be informed about the risks and consequences of randomizing terror. 
 Japan has a very high savings rate which (it seems) has cushioned the debt burden. But look at the American continental dollar, French assignat, German mark, Hungarian pengo, Zimbabwe dollar, Yugoslav dinar, Sprska dinar, Greek drachma, Chinese fabi, Armenian dram, and Turkmen manat. Currencies absolutely can die (or at least be revalued much lower). 
 *be revalued much lower. Like I said, Some homeless people live a long time intentionally destroying themselves. 
 Yeah i mean it is open source, if anything is going to get planted in it would be thuroughly reviewed. 
 The main vector of attack from what I have understood is the QR code generation. Satoshi chose the only QR code generator that does not have an NSA back door built in. It is a plausible thought that Satoshi worked at the NSA and moved away from the project to protect himself knowing if the project went on long enough without him getting fingered, There would be no stopping it. The CIA is good at imperialism and resource extraction, Government coercion, Government coup de gras, But not good at monitoring the NSA for emerging decentralized financial systems. Bureaucracy brought down the communists and it will bring down the western system as well.