Morlock Elloi on Sat, 27 Oct 2012 23:29:35 +0200 (CEST)


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Re: <nettime> The Monetary Future: How Bitcoin Is Being Destroyed


Oh yes they can:

- writing
- firearms
- electricity

It's just that a new sushi app (unrelated to sashimi app), which is
considered 'technology' today, is not of the same order of fundamental
magnitude.

Digital bearer instrument that manages to penetrate commerce without being
squashed early on, could be of the same importance and impact. It is really
all about going back to neutral standards (gold, cost of electricity) and
depriving state of most of its fiat income.

> Thinking that (new or) more "rational instruments" from the technology
> (and/or science, ethic, culture...) BY THEMSELVES can change something
> in, let's call, social psychosystem, is a misunderstanding of Comte and
> Hegel scripts. It is a return


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