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I'm sure the creditors will happily accept payment in Bitcoin in lieu of cash. it's dIgItAL gOlD except the digital gold can be copied and pasted to make a new
by henning 4y ago
I'm sure the creditors will happily accept payment in Bitcoin in lieu of cash. it's dIgItAL gOlD except the digital gold can be copied and pasted to make a new kind of digital gold that is identical to the other gold, completely unlike actual physical gold.
- randomhodler84 4y ago21 million Bitcoin. 2.1 Quadrillion Satoshi. For all time. Unlike gold which can be mined in the trillions from asteroids. Your argument that Bitcoin is trivially copyable was /an/ argument in 2014. We are in a different place now.
- henning 4y ago> Unlike gold which can be mined in the trillions from asteroids. Congratulations, this is the stupidest thing I've read on Hacker News. Asteroid mining is not feasible and may never be. If an argument was valid in 2014 and the logic behind that argument has not changed, it remains valid. People are still making pointless coins and getting big-name social media personalities to promote them.
- randomhodler84 4y agoWhy not?