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RE: Ideas Never Die

in #philosophy7 years ago

thank you @kevinwong, for sharing emerging issues about ICO, bitcoin and cryptocurrency. there are fears that blockchain technology will ease terrorist and drug dealers transactions . I believe the inventor of blockchain technology is currently looking for ways to retain what they have built and have brought benefit for the users. Jamie was too worried and say that people who participated in the transaction were stupid, he would fire his employees who bought bitcoin, but he also admitted that his daughter also bought bitcoin. Hopefully he does not fire his daughter either :)

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I think the normal channels are receiving more funds for "illicit" transactions.. and decentralisation would pretty much render terrorism ineffective (not now, but sometime in the future). The inventor of bitcoin is anonymous, nobody knows where he/she/they went :)

Yes.. the inventors are unknown, but the technologies are present because of many smart ideas and like you said.. the ideas never die. The Austrian economy see the economy as social process, although the concept of balance is very useful but the economy tend to not find balance so that it should be focuse in dinamic process