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> There is no fundamental issue of capabilities of repaying it in anything which is universally acceptable, which is either intrinsic value of the currency or t
by powertower 13y ago
> There is no fundamental issue of capabilities of repaying it in anything which is universally acceptable, which is either intrinsic value of the currency or the credit or trust of the individual who is issuing the money, whether it's a government or an individual.
I wonder how many people skip right over this in the article thinking that's just another pointless or no-substance sentence.
It pretty much sums up everything that makes Bitcoin unsutable for any type of real world (at scale) transactions and trade.