4 ms·
I'm not sure what you mean by the 'old ruse'. The use of gold in ancient times was adopted because it removed the need to trust the other guy's currency. Unles
by laszlo-kiss 4y ago
I'm not sure what you mean by the 'old ruse'. The use of gold in ancient times was adopted because it removed the need to trust the other guy's currency.
Unless Satoshi shows up tomorrow and cashes out his coin I think we are not in danger of diluting the value of Bitcoin - which would be like the 'old ruse' I think.
- Finnucane 4y agoHistorically, 'trusting the other guy's currency' has always been a problem. not matter what it was made of.