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20 sats \ 0 replies \ @Michelson_Morley 30 Oct 2023 \ on: Fill in the blank: bitcoin is digital _______. bitcoin
I wouldn't say energy, but i agree that it is. Money is energy.
If I were boring i'd say Bitcoin is objectively trustless money. I can trade with my worst enemy and not have to worry that he faked the money.
If i were more fun and loose, i'd say bitcoin is truth. Prices are the most objective truth measures that exist, if their market is large enough. Since fiat (or non-PoW) elites can tamper with fiat, it is much less reliably. But if a market (large and diverse enough to include enough perspectives, e.g. not a market of only tailor swift ultrafans) at closing time had only btc for pricing and trading, then there is no cheating. The price is as close to "actual value" from every perspective.