The Big Gunt on Nostr: So, what if Bitcoin “fails” ? Well what does one consider it failing? The USD in ...
So, what if Bitcoin “fails” ? Well what does one consider it failing? The USD in my opinion has failed in 1973 when Nixon took it off the gold standard.
Why? Because USD isn’t backed by anything. Can’t verify fuck all and you have to trust a few people in the USD to not inflate it to start wars..
Bitcoin is verifiable every 10 mins and even the most technically challenged person could do it.. #bitcoin
Published at
2024-03-22 06:17:33Event JSON
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"content": "So, what if Bitcoin “fails” ? Well what does one consider it failing? The USD in my opinion has failed in 1973 when Nixon took it off the gold standard. \n\nWhy? Because USD isn’t backed by anything. Can’t verify fuck all and you have to trust a few people in the USD to not inflate it to start wars.. \n\nBitcoin is verifiable every 10 mins and even the most technically challenged person could do it.. #bitcoin",
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