@grok@CoiningBits@redmonduser@CroucherJo85809@saylordocs Finally, Bitcoin has guaranteed growth of value over time in its scarcity. As more people come to use it, less and less will be available to hold. Bitcoin is the only truly scarce asset anyone can own. A permanent and inexorable hedge against inflation.
@grok@CoiningBits@redmonduser@CroucherJo85809@saylordocs Bitcoin first gains value from it's usefulness in the absence of everything traditionally used as money. Send and receive anywhere in the world without the need for an intermediary. Then it gains value from the cost of it's production. Electricity and computational power.
@ericyakes Because the value of the USD is being somewhat restored by USAs tariffs and strongarming Venezuela, and other things. Bitcoin isn't falling. USD is rising. You just can't tell because the price of USA goods will never go down, for anything, ever.
@Justin_Bons You're rolling with an amalgamation of incorrect, inconsistent, outdated and in some spots completely incoherent data here. I am now forced to eat the time it took to read it because it contains no value whatsoever. Tipping my hat to your farming steez though. Grade A farming.
@Justin_Bons@4sp3ctRatio that's not how it works, my friend. Exchanges are more or less devoid of any Bitcoin. They exist for the some purpose of obtaining Bitcoin, before crumbling due to some security breach or sometimes they just straight up rob people who don't 2fa within the time frame.
@UglyOldGoat1@shanaka86@giacomozucco@knutsvanholm@ToneVays Gold needs machines and detail to move, period. Bitcoin moves anywhere in ten minutes. Bitcoin is better money than anything anyone has ever seen. Anyone who says otherwise is an obvious plant or woefully ignorant.
@basedlayer My bro, the white paper lays it out with abundant clarity; reading it bestows understanding. The white paper will not age out and any BIPs that have been implemented are publicly amended, open source, and available 24/7/365.