BTC India
[ad_1]
Bitcoin has solved the trust problem by eliminating trust from everyone else. From person-to-person all the way up to nation state level, it’s very difficult to establish and verify trust. It’s almost impossible when you have two adversaries, each of whom is hacking and running intelligence operations.
The only neutral territory in a world like this is something that’s organic enough to have grown up with the support of the people, but robust enough to stand up to the toughest scrutiny.
It is a commonly accepted ledger across the entire world, and for the rest of time. Essentially, BTC has infinite value because there is no price you can put on the ability to send permanent messages into the future that are guaranteed to be authentic.
[ad_2]
View Reddit by Impressive-Horse – View Source
It also helps to think of Bitcoin as a protocol rather than a cryptocurrency. You gain access to the procotol when you buy BTC. Everyone generally accepts HTTP(s) as a protocol and it is looked at as infrastructure, since almost everything is built for it.
Bitcoin is simply the standard monetary protocol.
You can’t dream your way to utopia. Well, you can, but it’ll be taken away.. This is slightly irrational. Never-mind true or not.
Good fundamentals and theory don’t mean a thing will become _the_ thing. A lot of things, good and bad, have to align before any of any of this helps anyone in a way that means anything.
1 beany baby = 1 beany baby
Or trust-less, so to speak.