3 ms·
I was under the impression LTV applies to human labor, so applied to bitcoin it would imply that they should have close to no value, whereas fiat currencies der
by orbifold 12y ago
I was under the impression LTV applies to human labor, so applied to bitcoin it would imply that they should have close to no value, whereas fiat currencies derive value from the efforts of the tax payers.
- lectrick 12y agoLTV as applied to Bitcoin uses the many many kilowatts of electricity used to verify transactions as the "labor".