Well that’s very different than anything happening in the thread so yes its very silly.
The old newspapers are full of critiques of the ford model T and conflating them with all cars, most of those criticisms apply only to early cars. I think that’s what you’re getting at here.
But realistically in context the criticisms make sense. I would go as far as to say its more a problem that enthusiasts havent renamed bitcoin as a “cryptoasset” since its not useful as currency and apply “cryptocurrency” only to proof of stake designs.
Or as an analogy, it would be like calling a motorcycle a type of bicycle, which is more or less true, but its so goddamn different in use they had the sense to rename it so normal people would be able to tell them apart.
I think its mostly for most people “crypto” = “cryptocurrency” = “bitcoin” even though there’s some categorical umbrellas there and I don’t think there’s a way to fix it without redefining cryptocurrency to only include currencies and specifically exclude bitcoin and similar coins. Blockchain has a similar problem because its used as a synonym for crypto.
Well that’s very different than anything happening in the thread so yes its very silly.
The old newspapers are full of critiques of the ford model T and conflating them with all cars, most of those criticisms apply only to early cars. I think that’s what you’re getting at here.
But realistically in context the criticisms make sense. I would go as far as to say its more a problem that enthusiasts havent renamed bitcoin as a “cryptoasset” since its not useful as currency and apply “cryptocurrency” only to proof of stake designs.
Or as an analogy, it would be like calling a motorcycle a type of bicycle, which is more or less true, but its so goddamn different in use they had the sense to rename it so normal people would be able to tell them apart.
What are the differences that you see?
I think its mostly for most people “crypto” = “cryptocurrency” = “bitcoin” even though there’s some categorical umbrellas there and I don’t think there’s a way to fix it without redefining cryptocurrency to only include currencies and specifically exclude bitcoin and similar coins. Blockchain has a similar problem because its used as a synonym for crypto.