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RE: A Philosopher's Perspective on Bitcoin (#1)

in #bitcoin6 years ago

So you would say that realness is in part measured by the purchasing power of fiat or Bitcoin that is lost or gained depending on the measuring currency. It is just not a matter of a ledger entry that is positive or negative. There must be some utility that one gains as a result. The current utility of fiat is broad while the utility of Bitcoin is more limited, at least for the moment.