Money is a living power that dies without its root.
Fiat’s root? Violence.
Bitcoin’s? Energy and math.
Money is a living power that dies without its root.
Fiat’s root? Violence.
Bitcoin’s? Energy and math.
Fiat's root is black magic
Lefties tried to take away energy and math.
Seems like we still need both
If Bitcoin becomes THE money...the violence will follow, don't be naive
Great analogy
It's not even an anology. How is an otherwise worthless piece of paper, worth something? By enFORCEment of its use. People not accepting it will be punished - violence. If it was really intrincially worth anything, you wouldn't need to use force. People would naturally accept it for its value.
Bitcoins value is to be non-enforcable, and still trustable.