Paper money was the original "Layer 2" scaling solution
It made trade faster. It made money lighter. It was convenient.
But it introduced a fatal bug into the system: Trust.
With gold, you held the actual asset. With paper, you held an IOU from a vault. And historically, the vault always breaks its promise.
Bitcoin fixes the bug. It is a bearer asset that moves at the speed of light.
Don't trust the vault. Be the vault.
It made trade faster. It made money lighter. It was convenient.
But it introduced a fatal bug into the system: Trust.
With gold, you held the actual asset. With paper, you held an IOU from a vault. And historically, the vault always breaks its promise.
Bitcoin fixes the bug. It is a bearer asset that moves at the speed of light.
Don't trust the vault. Be the vault.