"It isn't just the censorship which allows the BTC cult to mislead so many people. They also gain 8 years' worth of creative material which still exists online (YouTube videos, blog articles, etc.)
slow and expensive has the effect of turning Bitcoin back into gold 1.0. Slow and expensive is the BTC strategy. A digital version of gold that isnt cheap and fast to move is no better
than real gold as a medium of exchange.
And let's not miss the fact that being able to use the gold directly as a medium of exchange without needing a bank to route it for you
Bitcoin wasn't ever supposed to be a decision about being "gold or cash." Bitcoin was always supposed to be gold and cash. That's what makes it disruptive!
Making onchain transactions
slow and expensive has the effect of turning Bitcoin back into gold 1.0. Slow and expensive is the BTC strategy. A digital version of gold that isnt cheap and fast to move is no better
gold digital makes it teleportable (weightless, massless) and trivially divisible. In other words, digital gold solves the problem of using gold directly as a medium of exchange.
Bitcoin wasn't ever supposed to be a decision about being "gold or cash." Bitcoin was always supposed to be gold and cash. That's what makes it disruptive!
Making onchain transactions
made it possible to teleport one song from an album right into your home, digital gold makes it possible to teleport one payment's worth of gold directly to the recipient.
Making the
gold digital makes it teleportable (weightless, massless) and trivially divisible. In other words, digital gold solves the problem of using gold directly as a medium of exchange.
immutable) and make them digital.
In exactly the same way that digital news made it possible to teleport one article from a virtual newspaper right into your hands, and streaming music
made it possible to teleport one song from an album right into your home, digital gold makes it possible to teleport one payment's worth of gold directly to the recipient.
Making the
way to use gold for payments directly, so no "mint" or "bank" was needed!
The genius of Bitcoin was in figuring out a way to take all the properties of gold (valuable, scarce, and
immutable) and make them digital.
In exactly the same way that digital news made it possible to teleport one article from a virtual newspaper right into your hands, and streaming music
"To use gold as a medium of exchange, historically, one had to turn it into coinage, which can be diluted causing inflation or banknotes, which can be printed without reserves causing inflation. If only there was some
way to use gold for payments directly, so no "mint" or "bank" was needed!
The genius of Bitcoin was in figuring out a way to take all the properties of gold (valuable, scarce, and
"To use gold as a medium of exchange, historically, one had to turn it into coinage, which can be diluted causing inflation or banknotes, which can be printed without reserves causing inflation. If only there was some
"With the lie going around that Bitcoin was always mean to be Gold 2.0, you should not ask what it was designed to be, you should ask what you (and the masses) want it to be. They make it valuable."
What’s the point of localbitcoins if you can’t use cash?
Waiting for them to change their name to RemoteBitcoins.
Maybe because you know, the state don't like it. BTC supporters are now statists.
"LocalBitcoins just banned cash transactions. It really only goes to show everything in the BTC ecosystem is compromised."
What’s the point of localbitcoins if you can’t use cash?
Waiting for them to change their name to RemoteBitcoins.
"LocalBitcoins just banned cash transactions. It really only goes to show everything in the BTC ecosystem is compromised."
Are you in it for the money or for the tech?
| Yes |
2 votes
· 0 satoshis
|
| No |
3 votes
· 0 satoshis
|
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