James on Nostr: Bitcoin is not money. It is simply proof of work. It is the expression of scarcity in ...
Bitcoin is not money. It is simply proof of work. It is the expression of scarcity in a digital environment. People have confused it with money because a large portion of people only trade money for encrypted characters known as “bitcoin,” even though “bitcoin” is just a string of text. They do no work in securing the network and rely on others to do it for them.
Just zap 1 sat. You can like, but I’m not taking that as a serious metric for whether or not other non-bot humans found something valuable.
Published at
2024-07-11 07:32:03Event JSON
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"pubkey": "a4531aff74892a872b4757fe8a84dfa5813b18ee5e37ca721d828eadcc93bc5f",
"created_at": 1720683123,
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"content": "Bitcoin is not money. It is simply proof of work. It is the expression of scarcity in a digital environment. People have confused it with money because a large portion of people only trade money for encrypted characters known as “bitcoin,” even though “bitcoin” is just a string of text. They do no work in securing the network and rely on others to do it for them.\n\nJust zap 1 sat. You can like, but I’m not taking that as a serious metric for whether or not other non-bot humans found something valuable.",
"sig": "26484a266364cdc77df8392678890e47922095ea13c998c6159de8eaa995cfc7ea308cb1061e2f4e3ebf42698e9e0db661361f80cdeb7664504bf078d7c4a49a"
}