pull down to refresh

0 sats \ 1 reply \ @justin_shocknet 23 Jul \ parent \ on: Tim Niemeyer here! President of IBC, author of History Echoes Bitcoin, etc. AMA! AMA
Yea and I think they terms can be used interchangeably, history influences culture and vice-versa. We can see Bitcoin layering on to that culture not just scarcity and durability, but a desire for portability and verifiability, given how gold failed at these and paved the way for fiat.
Whether Bitcoin does enough to close the door to fiat (fake layer 2's) culturally can be judged only by history I guess...
write
preview
this territory is moderated
17 sats \ 0 replies \ @tim_niemeyer_ OP 23 Jul
Well put! And to that point, the thing about history is our lives will be but a mere speck or footnote in history. We might get some things right but other parts won't get righted for future generations. I truly believe Bitcoin is a step change better than any other monetary network ever. Maybe the layer 2 discussion will be solved by a future generation...
reply