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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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🤣 Ethereum is Matt's favorite punching bag.
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It is. It's called proof of work.
'Backing" still requires trusting the jerks guarding it. Bitcoin already fixes this.
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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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Energy backed hard money
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