Could you please link me to such a comment as I can't seem to find it.
https://www.youtube.com/v/X3rM2TQJt7o&start=314&end=359&version=3Let me expound on why I like the analogy.
Factom is being built by experienced professionals with a history of delivering finished products. The median age of the team is probably around ~40 years old.
Factom is a protocol optimized for securing truckloads of data, in order to deliver useful business/societal value. It is operating at the frontiers of technology as well.
Factoids are not trying to be money. They are to serve as the hardware reward mechanism coupled with the user antispam mechanism. Factoid value is a prediction on the use of Entry Credits. This is in contrast to Bitcoin being money; a store of value with lunar potential.
That being said, I am predicting many Entry Credits will be used.
Thank you. I think I'll pick up a few more FCT.