I’ve received some weird emails lately from people, again, asking me about Bitcoin. The assumptions, statements, and accusations I am reading are insane.
I use that word because these emails are not rooted in logic but rather hype, misunderstanding, meandering decisions made by uninformed people and fueled by armchair economists and misinterpreted reporting.
I posted something about Bitcoin in 2011 which inevitably meant I’d get some nutty emails. I think everyone reaching out expects me to say something incredibly damning about the virtual currency, but I don’t feel that way.
My company, Dwolla, has held an agnostic position on the virtual currency since we learned about it. However, my interest in economics and value exchange has led me down a natural path of curiosity in the developments of various forms of value.
Given what I know, I’m not scared. I don’t know why anyone else would be.
When one of these nutty emails shows up in my inbox, 99 out of 100 times I’m thinking…
Why do you care so much, and what are you so pissed off about?
The reality is most people don’t think or care about currency. Why should they? For most, currency is just the outcome of work. For others, the importance of currency and changing it in any way is a conversation fit only for gods.