poe😱 on Nostr: I love how people like Peter Schiff hate bitcoin because it's backed by "nothing". ...
I love how people like Peter Schiff hate bitcoin because it's backed by "nothing". Yet what would be dandy is a digital blockchain paper nothings being "backed by gold"...
Or you know.
Maybe a timechain.
Immutibility.
Verifiability.
Global concensus on average every 10 minutes.
Isn't enough unless backed by something you still can't really prove you custody aside from a ticker number.
Published at
2023-04-10 21:47:51Event JSON
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"content": "I love how people like Peter Schiff hate bitcoin because it's backed by \"nothing\". Yet what would be dandy is a digital blockchain paper nothings being \"backed by gold\"...\n\nOr you know. \nMaybe a timechain. \nImmutibility. \nVerifiability. \nGlobal concensus on average every 10 minutes. \n\nIsn't enough unless backed by something you still can't really prove you custody aside from a ticker number.",
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