RE: John McAfee is Right You Know! by deepwaters

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· @deepwaters ·
I still think that Bitcoin is a social trojan horse. 
The dangerous thing about Bitcoin is that is distorts much further what money is in the mind of the common man. The orthodoxy would have us believe that it is medium-of-exchange that runs on faith or better said, the greater fool theory. 
Well, Bitcoin AGAIN relies on the Greater Fool Theory AND it is no longer anything we even trade. You do not actually send any bits to the receives of a bitcoin, you only communicate the transaction on a ledger. Again, blind faith in the system.
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