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Bitcoin is an impressive social engineering scheme

Opening Argument

The rise of Bitcoin currency, going from pennies to $20k is an amazing phenomenon.  There is interesting technology behind Bitcoin, but what's much more interesting is the underlying social engineering scheme behind its growth.
Bitcoin currency is a fascinating social engineering technique that creates hype, and limits demand to drives prices up.
  1. Bitcoin is an impressive social engineering scheme

    3 votes
    1. Yes
      66.67%
    2. No
      33.33%
Live Long and Prosper



Debra AI Prediction

For
Predicted To Win
67%
Likely
33%
Unlikely

Details +


For:

0% (0 Points)


Against:

0% (0 Points)



Votes: 0


Voting Format: Casual Voting

Rounds: 2

Time Per Round: 12 Hours Per Round


Round 1

Round 2

Voting


Arguments



  • Round 1 | Position: For
    I will take affirmative side - yeah it's a scheme.  The algorithm relies on seeding enough coins, makes it more difficult to get over time, generate PR, and then rely on shortage of supply due to adaption by the masses.
    The actual currency is worthless, subject to scams, and wastes tremendous amount of World's power supply.
    Oakchairbcanonymousdebater
    WhyTrump - a good question
  • Round 1 | Position: Against
    Bitcoin is a great financial and technological concept that will transform World economy And disintermediate ineffective Banks.  It makes financial services available to underserved.
    it's not like dollar follows gold standard anymore, and is also based on worthless paper it is printed on
  • Round 1 | Position: For
    As I said in my opening, Bitcoin currency is a fascinating social engineering technique that creates hype, and limits demand to drives prices up.
    it reminds me of tulip mania in 17th century.
    https://en.m.wikipedia.org/wiki/Tulip_mania

    Live Long and Prosper
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