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Replying to Avatar Dr. Bitcoin, MD

#bitcoin isn’t just a measure of the profligacy of government spending or the incompetence of central banks. If both of those problems were fixed Bitcoin would still go up in value…

Why? How?

It’s better money and thus it will compete and win, even without terrible competition. Or rather it’s a better ledger technology. This isn’t to say bitcoin is “finished” or “complete.” We need more ways of using bitcoin with less data taken up on chain. But these are solvable problems, if challenging.

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Neal 9mo ago

when people say bitcoin doesn’t change, it changes you, i think that’s the principle you grasped here.

more people will understand what bitcoin is, and more people will figure out better ways to use it, forever

but bitcoin will not change, which is what allows the former in the first place

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