Damus
HODL profile picture
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.
371❤️13🤙3🔥1🫡1
Comte de Sats Germain · 42w
Must be the sound of energy hornets, then.
Ronin · 42w
incentives, self interest, can be reduced to greed i guess.
jakub · 42w
Big tiddies and beer.
Kayne · 42w
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 · 42w
Game theory
Oshi (推し) · 42w
NUMBERS.
PDJ · 42w
It’s ability to defend the properties that make something money.
The Tim · 42w
Loss aversion?
Bullish Mike · 42w
The inevitable demise of fiat
Corey San Diego · 42w
Digital battery? Haha
Noob · 42w
Greed
The Commoner · 42w
BULLETS AND BOURBON
funjohann · 42w
ICBMS?
346 · 42w
Hopeium
cr0bar · 42w
The people? 🤔
Bangarangg · 42w
Nodes
Jason the Original · 42w
It transmutes greed into security. Modern day Alchemy.
Brisket · 42w
The self interest of the network participants & your ability to maintain exclusive access to a secret.
dagwood · 42w
MURICA FUK YEAH https://blossom.primal.net/bad0496f8d893c1b1cc50b5da5a991320b5117ca6b745e824bcd584ab7cd87f6.jpg
Reed · 42w
The relentless, undying insistence that there will never be more than 21M (and other important properties).
Benking · 42w
🧑‍🔬 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 · 42w
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 · 42w
US! 🫡 The people. We are bitcoin. 🧡
Noisy signal · 42w
Truth. Scarcity . Decentralised.
₿k · 42w
HODLers
Wahl · 42w
there is only one true answer: insurance TFTC: A Bitcoin Podcast: #636: Insuring Your Bitcoin Against Wrench Attacks with Becca Rubenfeld
LeviJohnson.net · 42w
Bitcoin is secured by first principles and energy.
Primate · 42w
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.