Damus
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HODL
@HODL
What is bitcoin secured by?

I’ll give you a hint, it’s not sha-256, POW, the difficulty adjustment or the good vibes of Bitcoin believers.
331❤️6🤙3🔥1🫡1
Comte de Sats Germain · 62w
Must be the sound of energy hornets, then.
Ronin · 62w
incentives, self interest, can be reduced to greed i guess.
Kayne · 62w
Wallstreet bros and investment companies spending people's retirement savings? Idk nah they're all shitcoiners that just try to use Bitcoin for pumping and dumping.
bordalix · 62w
Game theory
Oshi · 62w
NUMBERS.
PDJ · 62w
It’s ability to defend the properties that make something money.
The Tim · 62w
Loss aversion?
Bullish Mike · 62w
The inevitable demise of fiat
Noob · 62w
Greed
The Commoner · 62w
BULLETS AND BOURBON
funjohann · 62w
ICBMS?
cr0bar · 62w
The people? 🤔
Bangarangg · 62w
Nodes
Jason the Original · 62w
It transmutes greed into security. Modern day Alchemy.
Brisket · 62w
The self interest of the network participants & your ability to maintain exclusive access to a secret.
dagwood · 62w
MURICA FUK YEAH https://blossom.primal.net/bad0496f8d893c1b1cc50b5da5a991320b5117ca6b745e824bcd584ab7cd87f6.jpg
Reed · 62w
The relentless, undying insistence that there will never be more than 21M (and other important properties).
Benking · 62w
🧑‍🔬 Technically, Bitcoin’s security budget is directly proportional to the total cost of the proof-of-work performed by the honest network per unit time.
The BTC DDS · 62w
The same thing our country is secured by, the threat of violence. The difference is that Bitcoin is secured by the threat of economic violence if you choose to ignore it
Achilles · 62w
US! 🫡 The people. We are bitcoin. 🧡
₿k · 62w
HODLers
Wahl · 62w
there is only one true answer: insurance TFTC: A Bitcoin Podcast: #636: Insuring Your Bitcoin Against Wrench Attacks with Becca Rubenfeld
LeviJohnson.net · 61w
Bitcoin is secured by first principles and energy.
Primate · 61w
The network effects of greed and fear, which happen to be directionally aligned. Good money is the meme that is going to eat the world.