Yes it is - monetary regression theorem - gold's value ultimately comes from "industrial" use, fiat's value ultimately comes from gold, and crypto's value (including Bitcoin) ultimately comes from fiat
I put industrial in quotes because it's really pre-industrial, but my point stands
a source familiar with the matter /
npub17k…mhcd0
2023-08-27 23:01:17
in reply to nevent1q…97m3
Author Public Key
npub17k64766yhzvhk2mws356dftl35lnkthjwq34gdz9cs8va3y9aejqwmhcd0Seen on
wss://nos.lolPublished at
2023-08-27 23:01:17Event JSON
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