Damus
Peaky · 1w
I think you are right on coordination and history so far, still why did Bitcoin manage to repeat Gold’s history so far? Speed run of 5000 years or more just under a couple of decades. You can 6102 ...
Tauri | Bitcoin BLAKE2b profile picture
Bitcoin hasn’t repeated Gold’s history, not even a little. Gold was the dominant monetary standard of the world for millennia. Bitcoin hasn’t even managed that on a local level. It certainly had the potential to do it eventually, I’m not so confident it can still. Not Bitcoin-SHA256d at least. Bitcoin can’t compete with Gold over its physics. It can only compete on the merits of removing the need for trusted third parties. And how is this going so far? Not great. You introduce third parties in the equation, Bitcoin becomes rather useless. It’s right there, second sentence of the white paper.

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forefun · 1w
You can just read that as Man. Bitcoin's strength is removing Man from money. A softer way of saying is remove man's "love of money" ; but hey, semantics.....
GuyFawkes · 1w
The moment Jews have any prominence in this fork, you already know it’s been compromised.
MoneRogue · 1w
With the introduction of fiduciary media AKA spam to the Bitcoin blockchain, gold is now back to being the #1 sound money for me!