5 ms·
Interesting metaphor, but the difference between Bitcoin and diamonds is fungibility. Unlike gold, there's no way to sell 1% of a diamond.
by dmihal 7y ago
Interesting metaphor, but the difference between Bitcoin and diamonds is fungibility.
Unlike gold, there's no way to sell 1% of a diamond.
- sgt101 7y agoYeah, you can, you can pawn it. 3 days = 1%
- AndyMcConachie 7y agoGood luck even trying to sell 100% of a diamond.
- dnautics 7y agoYou can sell 1% of a really huge diamond, but its value doesn't scale