Re:Pricing Money: A Beginner's Guide to Money, Bonds, Future...
by MrPatan on Saturday June 17, 2023 @07:58AM
(#36369452)
Where's the trust in a bitcoin tx?
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Re:Pricing Money: A Beginner's Guide to Money, Bonds, Future...
by croes on Saturday June 17, 2023 @12:34PM
(#36371762)
That Bitcoins still have a value when you sell them
Re:Pricing Money: A Beginner's Guide to Money, Bonds, Future...
by MrPatan on Saturday June 17, 2023 @01:03PM
(#36372066)
1 BTC = 1 BTC
Re:Pricing Money: A Beginner's Guide to Money, Bonds, Future...
by Breza on Friday June 23, 2023 @01:06PM
(#36449601)
Wow, that's a lot of "Scam or Other Issues"
Re:Pricing Money: A Beginner's Guide to Money, Bonds, Future...
by notahacker on Saturday June 17, 2023 @01:54PM
(#36372597)
sure, and 1 UST = 1 UST, but it turns out that people who thought they didn't need to trust the asset held its value are considerably poorer than they were before.
Re:Pricing Money: A Beginner's Guide to Money, Bonds, Future...
by Summershard on Monday June 19, 2023 @04:32AM
(#36388669)
Well, not really. Tainted coins is a real, growing problem that BTC hasn't solved yet.
In short, BTC is not fungible.
Re:Pricing Money: A Beginner's Guide to Money, Bonds, Future...
by Breza on Friday June 23, 2023 @01:05PM
(#36449587)
You have to trust that the restaurant where you're having lunch will accept BTC as payment. In reality, using Bitcoin requires the same trust-based infrastructure as everything else because the only way to buy anything with it is to trade it for fiat.