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Cash doesn’t intrinsically generate value. It’s value comes from your belief in it.
by donatj 5y ago
Cash doesn’t intrinsically generate value. It’s value comes from your belief in it.
- lodovic 5y agoYes, but Bitcoin is missing the liquidity of cash. Especially if an average transaction costs between $5 and $20
- simondotau 5y agoAnd literal cash doesn't rely upon internet connectivity to a massive global network of millions of computers in order to transfer a store of value to the dude standing next to me. As methods of payments go, it's possibly the greatest Rube Goldberg machine ever conceived.