@MustacheTommy @CryptoVanessa Comparing apples and oranges. One is a company limited by unique market forces. The other a burgeoning hard money who's comparable market is trillions of dollars
When someone tries to buy all the world’s supply of a scarce asset, the more they buy, the higher the price goes. At some point it gets too expensive for them to buy any more. It’s great for the people who owned it before b/c they get to sell it to the corner at crazy high prices
" Proof-of-work has the nice property that it can be relayed through untrusted middlemen. We don't have to worry about a chain of custody of communication. It doesn't matter who tells you a longest chain, the proof-of-work speaks for itself " - SN
"The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money..."