Greentext

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This is a place to share greentexts and witness the confounding life of Anon. If you're new to the Greentext community, think of it as a sort of zoo with Anon as the main attraction.

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Early_To_Risa@sh.itjust.works

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Anon gives up on Bitcoin in 2010 (sh.itjust.works)

submitted 1 day ago by Early_To_Risa@sh.itjust.works to c/greentext@sh.itjust.works

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[–] DavidDoesLemmy@aussie.zone 1 points 4 hours ago (1 children)

The fact that Bitcoin works differently to fiat is what gives it value to some people. Being different is the point.

[–] merc@sh.itjust.works 1 points 1 hour ago

Sure, in the past people had gold for the same purpose. The difference is that gold has at least some intrinsic value. It can be made into beautiful jewelry. It has industrial uses. Bitcoin has no intrinsic value, so if people lose confidence it could drop to 0.