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Re: Why we must trust with bitcoin?
by
Senor.Bla
on 09/08/2016, 09:42:17 UTC
Bitcoins are based on math, but the price is based on trust and beliefs. Math gives us bitcoins, but not the price. The price depends on supply and demand.
Do you see OP mentioning the price? Do you see others talking about the price? No. This clearly seems to be a misunderstanding by some. Keep in mind that there are also people that aren't really concerned with the price of Bitcoin in fiat equivalent (e.g. myself).
Of course it's misunderstood.   It's a completely unintelligible topic with indecipherable word pudding.  I would have no idea how to even reply to it directly.
I sldo do not understand fully what OP wants to say here, which btw happens often in this forum.
but here is one take away. there are people who are thrusting in the technology and other are just interested in the price.
the thing is that there is no value in bitcoin if you are not trusting in the technology, using it, adopting it and bring it to real world applications.