Canton of Geneva - Wikipedia

Robespierre's death prompted the French invasion of 1798, and the annexation of Geneva which became the capital of the French département du Léman. The Napoleonic army left Geneva on December 30, 1813, and on the next day

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MISREPRESENTED CONTEXT

1. I am indeed disgusted with attempts to misrepresent and take out of context what I wrote on my blog yesterday.


2. Those who did that highlighted only one part of paragraph 12 which read: “Muslims have a right to be angry and to kill millions of French people for the massacres of the past.”

3. They stopped there and implied that I am promoting the massacre of the French.

4.If they had read d posting in its entirety & especially the subsequent sentence which read: “But by & large the Muslims hv not applied the “eye for an eye” law. Muslims don’t. The French shouldn’t. Instead the French should teach their people to respect other people’s feelings

5. Because of the spin and out of context presentation by those that picked up my posting, reports were made against me and I am accused of promoting violence etc… on Facebook and Twitter.

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So the cryptocurrency industry has basically two products, one which is relatively benign and doesn't have product market fit, and one which is malignant and does. The industry has a weird superposition of understanding this fact and (strategically?) not understanding it.


The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.

This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.

The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."

This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.