Bitcoins are a new kind of money that you get by having a computer solve ridiculously hard math problems.


I have a grudge against bitcoin cuz I had a really douchy client once who was rlly involved in it and I hated him so I hate bitcoin forever now

They’re also hilarious, because technofetishist libertarians invented them to be The Most Free-Market Thing Ever™ and now the bitcoin economy is riddled with crime, fraud, and rent-seeking, and consuming more electricity (and hence generating more pollution) than most countries.

You know, exactly what literally everyone on the left told the libertarians would happen.