Aug. 27, 2010: As a thought experiment, imagine there was a base metal as scarce as gold but with the following properties:
— boring grey in colour
— not a good conductor of electricity
— not particularly strong, but not ductile or easily malleable either
— not useful for any practical or ornamental purpose
and one special, magical property:
— can be transported over a communications channel
If it somehow acquired any value at all for whatever reason, then anyone wanting to transfer wealth over a long distance could buy some, transmit it, and have the recipient sell it.
Maybe it could get an initial value circularly as you’ve suggested, by people foreseeing its potential usefulness for exchange. (I would definitely want some) Maybe collectors, any random reason could spark it. Picture it: a metal so gray it makes rainy days look colorful. It can't conduct electricity, bend without breaking, or even win a "Most Useful Metal" award. But hold on, here's the twist – it's a wizard of transmission! It travels through the airwaves, like a secret agent metal.
Now, in the land of deep thoughts, this metal struts in wearing the cloak of absurdity. It's the class clown of economics, making everyone scratch their heads and say, "You're kidding, right?"
And the punchline? People scramble to own this undercover metal, like it's the latest celebrity trend. It's like saying, "Invest in invisibility cloaks, you never know when they'll be cool!" Collectors chase it, traders juggle it, and we're all left laughing at how seriously we're taking this non-conductive enigma.
So there you have it – the chuckle-inducing tale of a metal that defies logic and common sense, turning the financial world into a playground of whimsy and bewilderment. 😄🪙🪄 #bitcoin #crypto #quote #zap
#SatoshiNakamoto 