What is so revolutionary about bitcoin?
34 sats \ 3 comments \ @NorthKoreanHostage 3 Dec 2022 bitcoin
What is so revolutionary about bitcoin?
Bitcoin is absolutely scarce Bitcoin's issuance is fixed in time Bitcoin can be stored in your head Bitcoin can be sent at the speed of light Bitcoin can be verified by anyone, easily and cheaply
Every single one of these points is revolutionary in itself.
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2 sats \ 0 replies \ @Hermit 3 Dec 2022
The revolution is the discovery of the Energy Based Monetary System, fundamental prerequisite of a modern society.
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2 sats \ 1 reply \ @Lumor 3 Dec 2022
Value down to the precision of 1 sat can be streamed & settled with near-instant cash finality over the lightning network. 1 sat = 1 sat
(Broken down even to millisat precision in intermediate steps).
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1 sat \ 0 replies \ @Lumor 4 Dec 2022
Jack Mallers expressing almost the same thing recently: https://mobile.twitter.com/BitcoinClip/status/1577437103444877312
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