nicnym on Nostr: I would argue it from the other direction. Bitcoin is real because of proof of work ...
I would argue it from the other direction. Bitcoin is real because of proof of work but let’s focus on what they know:
A debit card isn’t “real”
Bank accounts are digital currency with 1 “node” -your account is whatever it says on the bank’s computer. The bank or government could change it at will.
If they argue paper cash, then sure it works right? For how long? How much cash is there?
Published at
2025-03-07 14:05:31Event JSON
{
"id": "55285e42288ae08ce962ece0a839cfad28147ab5027798deafeb6d3671130c4b",
"pubkey": "90eb20364eea23c320b750476b36772b5348bf2960d0d6ba941239a576ca3150",
"created_at": 1741356331,
"kind": 1,
"tags": [
[
"e",
"d09bf93274d39ee2489c0064b0719953fbe0bbaf01a8bf24048e3106267c8389",
"wss://relay.damus.io",
"root"
],
[
"e",
"13df461c5497291035bd6d11f7d45d3196b5455e31a1091c34fb62ae50bba7bb",
"",
"reply"
],
[
"p",
"257a815838a1ccc009cb92e486c69d3e22ee954b21cbc796f5444f7de92c25ad"
]
],
"content": "I would argue it from the other direction. Bitcoin is real because of proof of work but let’s focus on what they know:\n\nA debit card isn’t “real” \n\nBank accounts are digital currency with 1 “node” -your account is whatever it says on the bank’s computer. The bank or government could change it at will. \n\n\nIf they argue paper cash, then sure it works right? For how long? How much cash is there?",
"sig": "0e7d3c823c2adbba41683e6635e5ae940ffa5d755f326c71d33fa857c92168970b2c373bdedb95f24cfa44ad974d05807859bbed3b3ede4cb3a5470d4fd26c7a"
}
