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Ruled by Physics
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2023-12-03 14:37:55

Ruled by Physics on Nostr: nostr:note1kvppx80wtp2xwfgnjxu970uxg892arne86ddxk6mkq5yd4j5x55qumnpxm I wouldn't say ...

It’s not easy for old people to accept that someone created perfect money on a computer. It’s easy to just dismiss it as a pyramide scheme. They’ll learn the hard way.

I wouldn't say perfect money, there's one other coin that has got even better properties.

But the pyramid scheme nonsense is tiring, money only has value when people believe in it, want to use it. Of course Bitcoin is a "pyramid scheme", exactly like USD, there's nothing wrong with that. Some people were early before most of the value had inflated, congratulations to them, they had foresight.

There's nothing about crypto currencies that is "fair" or should be "fair" in the sense that everyone is provided the same opportunity, just like how the world works, some people get ahead. That is ok. Nature selects the best, that survive because the others die. Bitcoin has survived so far, and it will survive fiat at least.
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