TheGuySwann on Nostr: Digital points have to be "backed" by gold so that they acquire the scarcity and ...
Digital points have to be "backed" by gold so that they acquire the scarcity and assurances that physical gold gives.
Bitcoin isn't backed by anything, because it already has far more verifiabile scarcity and assurances than anything physical that you could "back" it with.
#Bitcoin simply already is good money.
Published at
2025-03-17 16:16:04Event JSON
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