Nostr Web Client

Replying to

Satoshi_shrugged

If someone offered me $10,000,000 today but I could never own any #Bitcoin for the rest of my life, I wouldn’t accept.

Hypothetically what amount of dollars would it take for you to give up Bitcoin forever?

Platinum Bear 2y ago

I will take the 10 million and then go buy hard assets. ;)

Reply to this note

Please Login to reply.

Discussion

Satoshi_shrugged 2y ago

There is no harder asset than #BTC

Platinum Bear 2y ago

I think there is around half dozen hard-capped POW coins that I can choose from.

Satoshi_shrugged 2y ago

All of them have a fraction of the hashrate of Bitcoin leaving them extremely vulnerable to 51% attacks.

Not to mention they all trend towards zero against #BTC.

Platinum Bear 2y ago

I think the on and off ramps in #bitcoin ecosystem are far lower hanging fruit than hash rate vulnerabilities.

Satoshi_shrugged 2y ago

Agreed, that will be the thing that is attacked. However, POW is a winner take all game meaning that smaller coins will always suffer from vulnerability to 51% attacks.

Bitcoin does not need fiat on or off ramps. It is peer to peer money that cannot be stopped.