3 ms·
- immune to spoilage: bitcoin can’t dissolve in water like salt (a previous form of money) and is quite robust, and can be backed up! This is a very silly clai
by qwytw 6y ago
- immune to spoilage: bitcoin can’t dissolve in water like salt (a previous form of money) and is quite robust, and can be backed up!
This is a very silly claim considering that 20% of all bitcoin is considered to be "lost" and can't be recovered. Due to the nature of bitcoin this figure should reach 100% eventually (of course this would be a very slow process as long as it has a very high price).
btw I'm not sure if you're aware but you can actually recover salt which was dissolved in water.
Also historically there is no conclusive evidence that salt's use as currency was ever particularly widespread.