Indeed. The ability to almost instantly transmit an uncorrelated and highly scarce asset, similar in properties to gold bullion, across all borders anywhere on the globe in a peer to peer network without requiring a trusted intermediary should not be underestimated.
Gold has value because there are thousands of years of consensus behind it. In the new world, perhaps digital gold in the form of BTC is the next consensus? It’s only ten years old but worth following.
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- Morning Thread 07/02/2020
Indeed. The ability to almost instantly transmit an uncorrelated...
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