bitcoin4all on Nostr: People report this as if it is a bad thing. I would take a US$ backed by gold over ...
People report this as if it is a bad thing. I would take a US$ backed by gold over what we have today. It’d still be fractional reserve dollars held in a bank but it would be grounded to reality. An unbacked currency is the problem we need to solve for. Bitcoin ties value to the real world: Time and electricity. If future generations want more sovereignty, let them fight for ground. The tools get better all the time, but the tools demand a stable foundation. Bitcoin is that foundation. Do not fuck with it.
Published at
2024-06-10 15:47:45Event JSON
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"pubkey": "2248fe0518a40ef52013abd98602bfb7110d5f544d43f56fe5522e6273582fdb",
"created_at": 1718027265,
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"content": "People report this as if it is a bad thing. I would take a US$ backed by gold over what we have today. It’d still be fractional reserve dollars held in a bank but it would be grounded to reality. An unbacked currency is the problem we need to solve for. Bitcoin ties value to the real world: Time and electricity. If future generations want more sovereignty, let them fight for ground. The tools get better all the time, but the tools demand a stable foundation. Bitcoin is that foundation. Do not fuck with it.",
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