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I think this is awesome. We'll see technological evolution in its truest and rawest form happen at light speed. With every mistake and error comes a fix.

When someone crashed into the highway-wall when you are getting off the highway on a ramp the first time, they learned they needed to put barrels filled with water to cushion the impact.

I can't wait to see what awesome, hardened code comes out of this. :D




"Innovate quickly and break things" is a strategy for social networks and games, not financial platforms nor life support systems. I hate that on one hand, we have people saying "Bitcoin is a totally real currency" and accepting payments, and on the other we have sites falling like flies to vulnerabilities and the defense being "we're just learning".


I am not in any way defending, friend. Rather, I agree with you - the "innovate ... " strategy should not be in financial nor life support systems. It's unfortunate we're still bailing banks out today, and re-deciding what's good and bad for our health/medicine/etc.

With that said, once a mistake is made, we can't turn back time. I love watching society get stronger and stronger. If you think about it, it's our ability to pass on and learn from our mistakes that has helped us get here today. Otherwise, who knows, we might not even have had agriculture yet.

(Which also could be good or could be bad. For example, I'm allergic to gluten -__- )

Either way, I'll end with this quick story:

http://www.conures.net/stories/horse.shtml

(note: this is a shortened version and the story could go on forever).


So learning from your mistakes is relevant for everything except financial platforms and life support systems? Those we need to get perfect out of the gate?

That sounds great. Please provide some examples of financial systems (isn't capitalism a big experiment?) and life support systems (yeah we're not poking a stick at the environment at all...) supporting this theory.

I honestly don't have a dog in the bitcoin race, but considering it's a fairly recent invention I expect there'll be some growing pains just like everything else.


People building financial and life support systems should not only learn from their own mistakes, they should (must) also learn from the mistakes of their predecessors. If it takes you ten times to learn how to light a charcoal grill because you're too stubborn to ask for help, that's one thing. When you're dealing with money, you have a responsibility to try a little harder. "Don't put high value ssh keys on a server shared with irc yahoos" should not be a growing pain a financial platform experiences.




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