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Satoshi_shrugged
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2024-06-24 02:23:21

Satoshi_shrugged on Nostr: Hope that everyone has listened to this! Essentially the softwar thesis boiled down ...

Hope that everyone has listened to this! Essentially the softwar thesis boiled down simply.

Great way to explain the difference between BTC and shitcoins. Proof of work is grounded in reality and obeys the laws of physics while the same can not be said for POS coins like eth and solana.

I was explaining this to a guy in a bar yesterday, all these pre-mined VC backed cypto projects are nothing but software companies issuing "tokens" instead of going through the proper regulatory framework to issue equity"

I am not a fan of the SEC or and other regulatory body for that matter but it is clear that there is only one option for global neutral decentralized money and it is Bitcoin.

https://www.youtube.com/watch?v=--IFcOIEfl4
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