Damus

Recent Notes

mrdot profile picture
This is what a good discussion looks like #BCC8333
(How could fiat <-> bitcoin trades work without a trusted escrow?)
mrdot profile picture
Understanding inflation and its effects is like introducing a hammer that keeps hitting you on the head every few minutes in to your life. Everywhere you go, everything you see, you will recognize problems that otherwise wouldn’t be. Even worse.. you recognize that many problems of this world are caused directly by the deliberate actions of malicious people
note1c6qjt...
mrdot profile picture
The thing is that if we did not have the concept of money then I believe your argument is valid. However since we do, the very expectation/chance that Bitcoin could become money is what I guess drove people to want to have it in the first place. In other words: Once the concept of a medium exchange for trade is established you can evaluate any good with regards to how well it fits to the „ideal“ medium of exchange with regards to its properties. Because of the absolute scarcity of Bitcoin (and some other properties) it becomes valuable and people want to have it
mrdot · 91w
I wonder how many other notes there are where people thought they were searching and accidentally ended up posting random stuff 😂