Re:Sleeping beauty Bitcoin wallets wake up after 14 years to...
by hx8 on Saturday July 05, 2025 @12:24PM
(#44473763)
When I said "most successful" I didn't mean it was a complete success, just that this is the best we've done without a state. Currencies are hard, history is full of them failing. Maybe when an asset is liquid enough, it becomes like a currency.
Re:Sleeping beauty Bitcoin wallets wake up after 14 years to...
by wqaatwt on Saturday July 05, 2025 @03:43PM
(#44475019)
Gold/silver worked reasonably well for thousands of years and unlike bitcoins they functioned as an actual currency.
Even if you can pay for stuff with bitcoin it’s not a currency until people actually start setting prices based on it.
> liquid enough
I’m sure I could find people who would accept Apple’s stock in lieu of actual money, that wouldn’t make it a currency
I mean if somebody accepts precious metals, jewels etc. as payment in lieu of actual money that doesn’t mean those things suddenly become a currency.