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Bitcoin has fantastic utility. The scarcest resource any of us have is time. We all sell our time for money. Money is essentially a battery of time. Bitcoin is
by blurden 6y ago
Bitcoin has fantastic utility. The scarcest resource any of us have is time. We all sell our time for money. Money is essentially a battery of time. Bitcoin is a profoundly better battery than poorly managed fiat. The energy consumed by Bitcoin is a registry of human effort. Bitcoin’s raise in value is proof of this utility and human desire for all time spent to be equal and honored as such in the future.
- leereeves 6y ago> Bitcoin’s raise in value is proof of this utility and human desire for all time spent to be equal and honored as such in the future. One hour's wages spent on Bitcoin a decade ago is worth how many hours' wages now? How would Bitcoin make all time spent be equal?