Bitcoin creates more upside and downside than traditional money because it makes users power users with no system administrator to fall back on.

Added to korrents 2 Sept 2026 · How quotes work · Something wrong? Tell us

Where this collides

• In tension with

  Cryptocurrency deserves to be dismissed: its problems outweigh its promise, and the trustless world it offers is not one worth wanting.

  Srinivasan says Bitcoin creates more upside and downside than traditional money because it makes users power users with no administrator to fall back on. Hansson says the trustless world is not one worth wanting. They agree about the mechanism — no administrator — and disagree entirely about whether that is the feature.

Shared subject first, then similar wording. They may agree or disagree.

• Bitcoin's use as a medium of exchange will only grow at scale if it solves problems for spenders or recipients better than existing alternatives. LALyn Alden6 Jul 2025
• Holding crypto involves significant risks such as mathematical breakthroughs, theft, or physical coercion. GOGergely Orosz8 Oct 2026
• Exchange can make a society nicer as well as richer, because in a market buying is cheaper than stealing SPSteven Pinker11 Feb 2018
• Crypto's real question was never how transactions settle: changing the currency is something that happens to retired people who have no way of making new money. KHKelsey Hightower3 Jun 2026
• Money works only because everyone believes in it, which makes a currency a measure of social trust that fails when the trust does. JBJennifer Burns19 Jan 2025

On the map

Open the map on its own page