Anonymous ID: f5203f March 22, 2019, 6:48 p.m. No.5835869   🗄️.is 🔗kun   >>5946

>>5835813

scarcity and work.

Work=Force x Distance

Physics…replace for energy, mining, etc.

Force…cryptographic scarcity.

Gold has NOT always had value.

I think gold is great as money, but open your mind a bit. It's all ideas, energy, and math. It all still applies to bitcoin if you actually understood it.

Anonymous ID: f5203f March 22, 2019, 6:49 p.m. No.5835903   🗄️.is 🔗kun   >>5931 >>5972

>>5835807

Never heard of offline transactions? Meshnets?

A future with no centralized networks or energy sources resolves that issue pretty quick.

 

I agree. PM is going to go on a tear before crypto does.

Anonymous ID: f5203f March 22, 2019, 6:55 p.m. No.5836004   🗄️.is 🔗kun

>>5835931

Agreed. I'd say there is room for both. They serve different purposes. As a foundation for currency, M1, civilization, Gold is the clear winner, but value takes many different forms.

Distributed Consensus protocols aren't going away. I'd argue that the threat they pose to centralized institutions of the industrial age is something we should all be thankful for. It's made the centralized powers that be very uncomfortable.