Just wrestled with this thought on my way into work-
Would #bitcoin exist if we still had hard money? If the dollars still had a backing?
Would there even be a need for it?
I lean towards no, personally. But I’d love to hear some opinions.
I assume ‘no’ because I believe bitcoin was created as a solution to a problem. It does a great job at being the solution, all the price tag to me is just a reflection of how well it’s solving the problem.
matteo
npub1sr…6wj8a
2025-02-01 08:37:54
Author Public Key
npub1sr7ajvqql3u3qh0mpsusxpeh2yvhv6q3a83de6psaf4re0yk5uss06wj8aPublished at
2025-02-01 08:37:54Event JSON
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"content": "Just wrestled with this thought on my way into work-\n\nWould #bitcoin exist if we still had hard money? If the dollars still had a backing?\n\nWould there even be a need for it?\n\nI lean towards no, personally. But I’d love to hear some opinions.\n\nI assume ‘no’ because I believe bitcoin was created as a solution to a problem. It does a great job at being the solution, all the price tag to me is just a reflection of how well it’s solving the problem.",
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}