3 sats \ 1 reply \ @NorthKoreanHostage 17 Jan 2023
In the last 1/5 of the video Matthew Krader rips on Ethereum, showing you exactly why is defective and only a distraction to Bitcoin.
This is particularly good content.
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1 sat \ 0 replies \ @ursuscamp 17 Jan 2023
🤣 Ethereum is Matt's favorite punching bag.
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1 sat \ 0 replies \ @NorthKoreanHostage 17 Jan 2023
It is. It's called proof of work.
'Backing" still requires trusting the jerks guarding it. Bitcoin already fixes this.
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0 sats \ 0 replies \ @satyagraha 11 Feb 2023
It's not backed, nor was the USD by gold, it was anchored, braked, restrained, limited in its issuance, immune to debasement.
The only backed commodities are edible or potable.
"Backed," like 🤣 "Stable" coins are "backed" by the inflating and debased USD? That. Should Bitcoin erect so flimsy and farcical a veneer, so it can be like the others it isn't.
God there are some dumb questions about something that isn't what we already know?
Should eMail have a stamp?
Does cloud computing have to be monitored for rain?
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0 sats \ 0 replies \ @Jeicudbfngidgwg 17 Jan 2023
Energy backed hard money
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