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Re: <nettime> Bankers on ecstasy (but is the party over?)
Morlock Elloi on Fri, 24 Jun 2016 08:38:14 +0200 (CEST)

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Re: <nettime> Bankers on ecstasy (but is the party over?)

Bitcoin meetups have a deep religious component, and attendees are unphased by the reality of mathematics, politics, or even basic sociology. I have seen a slide presentation that contained this:

Slide 1:

Top: bunch of people figures
Middle: nothing
Bottom: a government building

Transitions to Slide 2:

Top: bunch of people figures
Middle: capitalized letters BLOCKCHAIN
Bottom: a government building

The narrative was that the BLOCKCHAIN will solve this. Somehow. What 'this' is was left unclear. No challenging from the audience.

On 6/23/16, 8:04, Jaromil wrote:

I think the "blockchain" with all buzz related to it is indeed a
socially interesting phenomenon at the base of popularization of
digital technology. For many reasons. It is the main base for
"de-politicizing" Bitcoin. It is also an incredible swamp of bad and
quickly hacked together code, for obvious reasons bound to opportunity
and puerile enthusiasm. But also because anything that has to do with
the enormous bubble of computer industry nowadays deals only with the
so called "computer sciences" discipline, rather than with

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