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You can word it as "believes in it", but I prefer to say "understands it". Belief suggests that you're basing your judgement on a feeling, rather than a scienti
by npoc 3y ago
You can word it as "believes in it", but I prefer to say "understands it". Belief suggests that you're basing your judgement on a feeling, rather than a scientific grasp of it's fundamental properties and how it's destined to perform in a given environment.
Many people "believe" in the dollar, but really, most have no understanding of why it has the particular value it does.
- coldtea 3y agoEven fewer for the Bitcon. Understanding how the blockchain works is not the same as understanding why it has the particular value it does.
- npoc 3y agoyes, understanding how the blockchain works is only a small piece of the puzzle. Step 2: understand how fiat works Step 3: understand what money really is Step 4: try not to think about bitcoin every moment of the day