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bitcoin_anon
searching PlanetScale…
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91.
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by
bitcoin_anon
5y ago
If I sell you fools gold or silver, does that change the rarity of gold?
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bitcoin_anon
5y ago
The owners and employees of said companies, generally.
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bitcoin_anon
5y ago
Bitcoin is about sound money in the real world. Artificial rarity is a feature in that space. Proof of work is about grounding the system in the physical world.
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bitcoin_anon
5y ago
Mining will continue. The rewards will decrease. At some point, the only reward for mining a block will be transaction fees.
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bitcoin_anon
5y ago
> A fiat currency will only collapse if you lose faith in the state, your fellow humans and the ability of the judicial system to enforce repayment. Luckily that never happens. https://morninginvest.com/venezuelas-currenc
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bitcoin_anon
5y ago
Nope, I just use this account when I talk about Bitcoin. I don't walk down the street advertising how much money I have in my pockets; likewise, I keep the fact that I own Bitcoin private.
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bitcoin_anon
5y ago
They'll be even more bitter ten years from now.
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bitcoin_anon
5y ago
> If you want to convince people of cryptocurrencies merit, just go solve some real problems that real people have. It's right in the Genesis block: > The Times 03/Jan/2009 Chancellor on brink of second bailout for bank
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bitcoin_anon
5y ago
https://bitcoin.org/bitcoin.pdf What was Satoshi lying about? What has he done with his riches? > The Times 03/Jan/2009 Chancellor on brink of second bailout for banks This is not the motivation of someone tryi