it’s a currency, and should be treated as such

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am i misunderstanding a distinction here? i consider cryptocurrencies to be currencies. its in the name ??

it’s complicated, and it’s like you’re entering a jungle where you find a temple with a monk named jack

i’ve already said too much

hmmm. intriguing

enjoy the journey

one way I like to think of it: bitcoin is like nostr, a decentralized protocol, no CEO, no management, rules without rulers.

crypto is like Twitter, a centralized “company”/authority that can change the rules, rules BY rulers.

yes, Bitcoin is a cryptocurrency, but it’s the only decentralized cryptocurrency. Bitcoin ties the digital world to the physical world through its PoW mining, but I won’t get into the weeds.

alright, come at me with the torches and pitchforks 🔥

I agree 💯

ohh ok. this makes sense i think ??

Everything that came after Bitcoin aimed to be “the next Bitcoin” and solve problems that didn’t exist. and it all has a central point of failure except Bitcoin.

Sounds like a self evident proof of work.

Dogecoin 😉

Correct

There is no second best

Thats like thinking cnn is news because news in in the name. Or thinking the patriot act has any thing to do with patriots.

All Lies. I say, consider the source. Of the so-called crypto currencies in existence, only bitcoin has an honest source. That source was anonymous, but the truth is in the code that he shared with the world. As for cnn: that source is obviously unreliable. And for that patriot act thing, a bunch of bad actors who rule the world were behind it. Yes, consider the source.

fair point. altho, take currency as a unit of exchange of value-for-value & like. lots of things are currencies

but extremely true. names are misleading and often intentionally so

Yes currencies like real estate or stocks or gold would all be better than dollars

But btc is 1000x better than any of those imo

american govt money print machine go brrrrrrrrr (but only for war)

That’s why guys like Cory at swan say it’s a race to end war

Bitcoin fixes this

With money u typically have

Unit of account

Medium of exchange

And store of value

Bitcoin destroys all other money in these areas

hard agree