0 sats \ 2 replies \ @faithandcredit 30 Aug 2023 \ on: Does Bitcoin have any negative tradeoffs or is it just all positive? bitcoin
It doesent have a king. I'm not sure you can have money/currency without a king. So I consider it an experiment:) a risky one depending on how much you stack
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10 sats \ 0 replies \ @kepford OP 30 Aug 2023
Pffft
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0 sats \ 0 replies \ @scottathan 30 Aug 2023
Money originally had no government though. Money was invented without anyone organizing its creation, yet it stilled worked just fine. Gold became money and was minted by private businesses before governments ever entered the picture. Cash was invented by Chinese merchants then crowded out when the dynasty started printing some. Money doesn't need a king, in fact, a king may be antithetical to the idea of money
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