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17 sats \ 3 replies \ @k00b 7h \ parent \ on: What about Bitcoin are you too embarrassed to admit you still don't understand? bitcoin
The toy collectible thing is my favorite answer to this question. All the other moneys that started that way didn't do too well in the long run though, but perhaps this initial value thing is independent of a money's trajectory.
Yes I look at it as it was designed to make the jump from toy to money, it couldn't be money day 0 because money is emergent
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Perhaps spergs can see the inherent value in things normies take longer to see.
Like the first predetermined and strictly limited total issuance of any commodity in the known universe.
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Guaranteed, no normie would find a chunk of gold and flatten it into a disc for barter.
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