3 ms·
The point is if you want to own one, or a fraction of a Bitcoin, you have to trade USD for it. If I want to own an image of a cat with the body of a Pop-Tart f
by SkipperCat 6y ago
The point is if you want to own one, or a fraction of a Bitcoin, you have to trade USD for it. If I want to own an image of a cat with the body of a Pop-Tart flying thru space, I can just download it and have it on my desktop. I don't care if the blockchain says I own it or not. I just want that cat.
For the SaaS example you give, you're paying for the back-end service the SaaS company provides. That's real value. If all the SasS system did was download a Javascript file that did all the work locally, I think you'd see a lot of people download that item and run it locally, bypassing the SasS payment.
- capableweb 6y ago> I don't care if the blockchain says I own it or not. I just want that cat. Of course, neither do I. I'm trying to help you to see the perspective of others though, where "ownership on blockchain" is valuable for them. I myself don't see the value in that, but obviously there is people who do. And yeah, you're getting real close to getting it, a bit more thinking and I think you got it :)