Re:Nassim Taleb: Bitcoin failed as a currency and became a s...
by legolas2412 on Saturday April 17, 2021 @10:11AM
(#26844392)
The value of Bitcoin is not just the blockchain. It is the distributed consensus on it being the correct blockchain. So, Bitcoin relies on others believing that this version of the blockchain is authoritative.
Nothing like this in gold. It is an atom which does not require any extra belief from the society.
Nothing like this in gold. It is an atom which does not require any extra belief from the society.