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imkewedekind / Imke Wedekind
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2023-08-28 20:50:25

imkewedekind on Nostr: Fiat currencies are backed by emotions. #Bitcoin is backed by mathematics. 1. So if a ...

Fiat currencies are backed by emotions.
#Bitcoin is backed by mathematics.
1. So if a currency should function as a unit of measurement, how could anyone ever think it would be smart to use something that is backed by something that isn’t measurable like emotions?
2. Why did it take until 2009 to invent something that changes this?
3. And why does it take so many people so long to understand that?
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