pull down to refresh

11 sats \ 0 replies \ @SimpleStacker 20 Mar \ on: Bitcoin: It’s Time To Change How We Think About Wealth (Forbes, Dave Birnbaum) bitcoin
Bitcoin, too, is kind of real: bitcoins(!) exist as points on an elliptic curve. As Knut Svanholm puts it, bitcoin is the missing piece of the periodic table: an element without mass. (#798342, #73535).
So good. Michael Saylor would be proud.
But to your broader point, the non-physicality of Bitcoin is indeed an advantage, because it's money and explicitly NOT a real asset the way we should understand a real asset.
It actually distills money down into its purest form which is really just a promise.
write
preview