Global Feed Post Login
Replying to Avatar bitcoinlimit

a very simple theory yet it cuts deeper than most people realize. bitcoin’s outcome’s binary. either it trends toward infinity or it collapses to zero. most likely it won’t go to zero and it won’t ever be replaced because any successor would inherit a fatal flaw the moment it’s born. if you can replace money once, you can replace it again, and that destroys all trust, so it’s not about a better tech. hal articulated this very nicely. whats unique about bitcoin is that it has solved that final coordination problem which is the biggest challenge of getting the entire world to agree on a single digital monetary standard that no one can change, no one can remake, and no one can reset. the path is basically one direction.

Avatar
Tom Banski 0mo ago 💬 1

Most commodities trend towards infinity

Reply to this note

Please Login to reply.

Discussion

Avatar
Resonance Cascade The II 0mo ago 💬 1

What about when priced in Bitcoin?

Avatar
Joe Li₿ertarian 0mo ago

Infinity in supply, as long as there's demand.

Thread collapsed
Thread collapsed