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Replying to Avatar Christopher Marshall

I think you miss my goal. I am not trying to win argument with someone like Peter Schiff (who argues in bad faith), I am trying to help someone who argues in good faith but doesnt know much about bitcoin get past an obvious tripping point which otherwise shuts down their curiousity. Lots of people have trouble understanding why Bitcoin should have value given that no authority is backing it with an obvious commodity like gold.

And the timestamp server use case is a pretty fascinating use case to think about. It proves who knew (or agreed to) what when. This is a bottleneck of the legal / financial system, which makes some projects too difficult to coordinate.

The timestamp server function of Bitcoin removes this bottleneck, and may amplify the effectiveness of the legal/financial system to fund projects that would have been unthinkable before.

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allen 2y ago

I get the goal, I’m just wary of this tactic. it seems like a cop-out of addressing the real issue by distracting them with something that is coincidentally also true but pretty much completely besides the point.

it’s like calling bitcoin a decentralised clock. it’s fun to play around with the idea if you are already totally onboard, but if that’s your opening gambit to convince a noob, you’re gonna end up in completely pointless discussions about what the total addressable market for clocks is.

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