Global Feed Post Login
Replying to Avatar Bored Satoshi

Bitcoin has value because miners mine blocks to make changes to a ledger of who owns how much money in the world. A global ledger of everyone's balance. And millions of people believe in this ledger. A fixed supply is a feature of Bitcoin. Its not the whole thing. "Store of value" is just one of the narratives of Bitcoin.

I want to write about why Bitcoin will be used as the default currency in the world. There's this another narrative. Bitcoin is the aligner of energy. Something that's not talk about enough. I will have to write an article about it to make it convincing.

We don't have a deadline for our bet ;).

Avatar
nami 1y ago

About the bet... I can't lose it, so making a bet on this is like stealing almost... There can be a draw though, because under specific circumstances bitcoin could be treated as an asset and thus keep some value in general. But you would need these specific circumstances for that.

Reply to this note

Please Login to reply.

Discussion

Avatar
Bored Satoshi 1y ago

Ahaha. Its cool nami. It stirred up a good discussion here.

Thread collapsed