Bitcoin社区的愤怒和偏执

A lot of grief was had with my recent posting about Pirate’s Bitcoin Savings and Trust. People were upset that I didn’t back my claim of Pirate’s identity being out in the open. My explanation of him having a controlled market didn’t appease them either.

A loud sect of the Bitcoin community is set on the idea that this man is a fraud and that he is somehow maintaining a pyramid scheme that has continued to sustain despite constant speculation.

The fact is there has already been efforts to put financial backing behind the idea of Pirate being a fraud, and that has failed miserably with the security discontinued.

This means no one truly believes that Pirate is a fraud to so far put their own money on it.

To add salt to the wound, the fact people continue to invest with Pirate only shows that more and more people are willing to put more money on the contrary: That Pirate is a legitimate business.

And as it stands, this continued market engagement couldn’t be remotely close to actual manipulative fraud. The information and risk-assessment is out there: Every investor knows that Pirate has not fully disclosed his method of business and they accept that risk. There is no illusion here. If this were to collapse, the market collective would be able to handle it appropriately.

This leads us to the conclusion that the continued doubt thrown at Pirate’s direction is of pure emotion and social angst, whether it be envy or just pure tribalism.

However, I hold this as a virtue. Constant skepticism is constant vigilance and it brings more information into the markets like no other force.

I encourage the naysayers to continue to shout as loud as possible because in the end, there will always be some useful info coming out of that noise.