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> If you were the last person in earth to receive coins, would you still like them and endorse them? Are you being serious when you're asking that question? Th
by splintercell 7y ago
> If you were the last person in earth to receive coins, would you still like them and endorse them?
Are you being serious when you're asking that question? That question seems to be a product of an echo chamber.
Anyways to answer your question, yes, why wouldn't you still receive and endorse them? The idea behind cryptocurrencies is follows:
* Bitcoin is the cryptocurrency which is aimed to be the perfect store of value. Because it's fixed in supply and has the maximum network security, it serves as a backbone of the cryptocurrency ecosystem. Govts and pro-intervention economists don't like it, but Libertarians and (real) pro-free market economists love it. Even if you're the last person to receive bitcoin, it's still a better option because now you can save in a non-inflationary currency.
* Ethereum and other smart contract platforms allow creation of decentralized contracts between people, this facilitates creation of a system which isn't tied or dependant on the state to enforce it. Even if you're the last person to receive Ethers or Tezos or Cardano, etc, you're acquiring it in order to use the network. It's like asking would you like to be the last person to receive the arcade machine tokens.
- asjw 7y agoSorry, but even believing in God makes much more sense. Bitcoin was a product made to make rich people richer like Ponzi schemes or multilevel marketing.