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> crux of Bitcoins is that its value is derived from people's belief in its value brave, but .. fail. The crux of BTC is that it is secure to attacks while mo
by mistrial9 4y ago
> crux of Bitcoins is that its value is derived from people's belief in its value
brave, but .. fail. The crux of BTC is that it is secure to attacks while moving assets that are represented digitally. In order to succeed in that, the integrity of the chain is required. Popularism is a "nice to have."
- FPGAhacker 4y agogp > “belief in its value” p > “assets that are represented digitally” Those seem equivalent to me.
- ch4s3 4y agoYeah, that's kind of what I'm saying.
- mlyle 4y ago> crux of Bitcoins is that its value is derived from people's belief in its value brave, but .. fail. The crux of BTC is that it is secure to attacks while moving assets that are represented digitally. Assets whose value is derived from peoples' belief in their future value. A perfectly secure chain moving around assets that no one values isn't very interesting.