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Date: 2016-10-05 11:23 am (UTC)
From: [personal profile] ewt
"Why Bitcoin is Stupid -- an overview". Don't go too deeply into any one subtopic, but explain the general principles enough that someone like me can grasp them.

My understanding of why blockchain currencies are a bad idea extends to 1] computers always do what you tell them to, not what you meant, and it's probably really easy to fuck this up and have no idea who you accidentally sent all your money to and when you do there is no way to put that right, at all, ever; and 2] it smells like some kind of pyramid scheme, but I dont know enough detail to be able to explain why.

Basically, you aren't going to convince anyone who already lurves bitcoin, and you aren't going to convince anyone who is Just Plain Gullible, but you might convince people who sortof get it/feel uneasy but aren't sure why, but don't care enough to have looked into it properly.
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