Global Feed Post Login
Replying to Avatar Theo Katzman

Bitcoiners, can you help me sharpen this sword? Anything I can do to improve this?

“What backs the US dollar? To quote Nobel-prize winning economist Paul Krugman, ‘men with guns.’

What backs bitcoin? Electricity.

Which of these consensus mechanisms has a better chance of achieving sustainability and harmony with our environment and our population into the future?

The global competition for the mightiest military force?

Or the global competition for the most sustainable energy production?

I ask this question in earnest.”

Avatar
Allen 1y ago

The laws of nature back bitcoin.

The laws of man back the dollar.

Reply to this note

Please Login to reply.

Discussion

No replies yet.