Officer I was just trying to 'peel the scales of illogic and stupidity from their eyes' he says when hes discovered eating his victims.

    • proonjooce [he/him]
      ·
      4 years ago

      I feel like btc has passed the point now where enough people accept it has value that it always will. Main thing I think with it is that if shit hits the fan and society breaks down to the point that maintaining the blockchain or the internet as a whole becomes unfeasible then it's all instantly worthless. At least gold is a real physical thing you can trade or use to bludgeon someone whose trying to steal your last bottle of drinkable water.

    • Amorphous [any]
      ·
      4 years ago

      You can buy things with bitcoin too. And anyway, you're not gonna walk into a modern shop and buy a loaf of bread with a roman denarius, but that doesn't make the concept of a denarius silly. Bitcoin is exactly as dumb as any money.

        • Amorphous [any]
          1·
          4 years ago

          In theory, metal coins are valuable because in order to acquire the metal to make them you've gotta go dig around in the ground for it. Similarly, bitcoin is valuable because you've got to devote time and processing power to create them. US dollars are valuable because ... uh, the US government says so, I guess. I don't really see how bitcoin is unique in being backed by nothing.

      • Randomdog [he/him]
        ·
        4 years ago

        you’re not gonna walk into a modern shop and buy a loaf of bread with a roman denarius

        Challenge accepted