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Saturday, December 30, 2017

There's a growing #resistance to cryptocurrency, and is anyone surprised?

  Mian Adeel Soomro       Saturday, December 30, 2017
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There comes a moment in any digital revolution when its most ardent mansplaining soldiers become so insufferably, unapologetically obnoxious, a resistance is born.

Currently, there is a growing opposition to cryptocurrency in all its forms. Many, many people are getting very weary of all the Bitcoin Boys, Ethereumytes, and some litecoin hanger-ons. 

Sometimes a resistance is powerful enough to strike fatal blow, but most of the time it only lands soft blows against the opposition's hoodie choices

This movement is different. Unlike past insurgencies, much of the opposition isn't centered on the technology itself; it's hard to get emotional about blockchain technology. Instead people have a problem with the breathtaking arrogance of its most loyal defenders, who love to brag that bitcoin is a "democratic movement," all while using the most inaccessible, erudite language they can. Read more...

More about Watercooler, Bitcoin, Cryptocurrencies, Culture, and Web Culture

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