Just wrestled with this thought on my way into work-
Would #bitcoin exist if we still had hard money? If the dollars still had a backing?
Would there even be a need for it?
I lean towards no, personally. But I’d love to hear some opinions.
I assume ‘no’ because I believe bitcoin was created as a solution to a problem. It does a great job at being the solution, all the price tag to me is just a reflection of how well it’s solving the problem.