brg444

4 ms·

1. 1.▲
   by brg444 10y ago

   x-post of one of my reddit post. (disclaimer: I am employed by Blockstream) It's helpful to evaluate the contribution of Blockstream developers to Bitcoin Core versus other non-Blockstream developers in the last year. Let's see Gr
2. 2.▲
   by brg444 12y ago

   I suggest you return to your economic and history books. Gold has no intrinsic value as you would probably call it. It is only because of some VERY distinctive properties that are not found in other metals that gold was ultimately selected
3. 3.▲
   by brg444 12y ago

   Doing what you suggested would very much destroy any value existing in BTC. The USD is not actually a reference in terms of store of value. It's deflationary property is a feature, not a flaw.
4. 4.▲
   by brg444 12y ago

   I understand but I'm afraid you are being misled by the article. While I believe it is an interesting scenario. I do not envision something like that will happen. The only reason it might is for its "consumer protection" valu
5. 5.▲
   by brg444 12y ago

   exponential growth of other technologies did not stop until they reached mainstream adoption. Bitcoin is very far from that
6. 6.▲
   by brg444 12y ago

   > * Bitcoin the Network may ultimately be more valuable than BTC the currency This is a fundamental misunderstanding of Bitcoin. Because each and every Bitcoin function as a sort of "token" that provides access to this payment