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Dan Held Shared: Getting into Bitcoin has completely destroyed my respect of academia.
Community Response: Dan I’m writing a Master’s thesis on the future of blockchain and cryptocurrencies and there’s good journals on this technology in all domains. Bitcoin is just a great product of scholarly academic work in the art of cryptography. Academia will continue to lead crypto innovation.
Technological development and academia are different.
Without academia and pure mathematics, you wouldn’t have cryptography or concepts like distributed consensus. Almost always, pure academic research underlies human progress.
And how did humans progress before the enlightenment and modern universities? Slowly and not too well.
Getting into Bitcoin has completely made me doubting many things especially what governments are constantly claiming.
Earning Money itself is not the whole thing in life. Academia has the real fundamentals, we build talent, debate, learn, meet real people, with sophisticated mentalities and grow in wider dimensions. Crypto game of manipulation by influencers and Nexus of exchanges.
Academia also perpetuates a single political narrative (many times not always). While we didn’t always see eye-to-eye on every subject, it presented an excellent place for intellectually stimulating conversations to take place.
It’s just old school. Any kind of knowledge is now easily accessible on the web. I spent 5 years at school studying German and Chemistry. Do I remember anything? Hardly. But I know that if I need it, I will need something like a year to bring my knowledge to a sufficient level.
Being in academia has completely destroyed my respect for academia. The covid pandemic has served to impress me more than ever with the medical academic community and their contributions. It’s been remarkable.
Do you mean “for” academia? The typo must be from the original tweet.
Thinking about this one to make up my mind. Where was blockchain technology developed? In academic grounds?? Will Bitcoin cure all diseases, give us a legal system, build our houses, bridges and roads?? Or do you mean just financially?? Big statement you made, could you expand?
Lol years of academic research led to the invention of the computer, but ok.
I don’t understand why. Bitcoin is in the intersection of cryptography and game theory, with deep roots in the academic work of great people.
Because it doesn’t track with the libertarian maximalist narrative that drives traffic and clicks. It’s a catchy thing to say.
Why exactly Dan? You talk about the scientific method or something else? Universities are Keynesian hot beds. Not an Austrian economist in sight. Getting into “modern“ science has completely destroyed my respect of academia.
The role of science should be the betterment of humanity and not, “Scientists have found the best way to make crispy fires” clickbait nonsense.
I can understand you in the case of money, but there is more than money in the life.
Same here. Started when I got real life experience with entrepreneurship and scaling ventures and then couldn’t stand most academia. Bitcoin did the rest.
Why? Academics are like everyone else including BTC experts. Some are knowledgeable, some are not. Some are biased some are not. Some can be trusted, some cannot.
I don’t think anyone is arguing your point. There has been a long ongoing trust of academics as a base starting point that has been destroyed, and rightfully so. It’s just more words to articulate it that way. This is my interpretation of the OP because Dan Held is reasonable.
Dan Held may be reasonable but the OP was a very broad sweeping statement. In fairness he did say it was his personal opinion. The world of academics’ spans an enormous range of subjects and to tar all of them with the same brush seems naive in my opinion.
I agree with you, I didn’t interpret the OP the same way as you. I made some assumptions about what the OP meant giving him the benefit of the doubt because he’s a reasonable person, and based on the assumptions I made, I agree with the OP. But you are more precisely correct.
Academic, entrepreneur & technologist here. Universities play a variety of roles, teaching, research, community service, etc. Which aspect isn’t working for you? Innovation creates a healthy economy, peer-reviewed research is one important mechanism for developing innovation.





