Re: Bitcoin: The Social Phenomenon

I'm going to be short on this excellent write-up.

Quote from: nullius on January 08, 2020, 05:19:48 PM

That is why there is only one Bitcoin.

And that is why people who hate Bitcoin itself try to break it apart. If there are many Bitcoins, then people dont agree on Bitcoin anymore: There is my Bitcoin, and there is your Bitcoin, and there is someone elses Bitcoin. That agreement I just described is broken up. In the long term, if one Bitcoin splits into many Bitcoins, its value will not be divided up: Its value will be zero, worthless. Bitcoin has value because everybody agrees on Bitcoin. If there are many Bitcoins, then none of them has value, because none of them has everybodys agreement.

There are people that truly understand Bitcoin, not necessarily how it works, but why the world needs it and from where it derives value. This is in stark contrast to people like Roger Ver, who have no idea what they're talking about, at least when it comes to their statements regarding Bitcoin. There is only one Bitcoin, and there can never be another. Not a forked Bitcoin, not a Bitcoin 2.0, just Bitcoin. The one and only. If Bitcoin fails, all the copycat "Bitcoins" fail too.

Quote from: nullius on January 08, 2020, 05:20:17 PM

If you are invested in Bitcoin, it pays for you to protect Bitcoin.

I urge people to do this quite often, but the lack of action is also quite noticeable. Maybe thread How you can help Bitcoin if you aren't a developer would be helpful? Wink

Quote from: mk4 on January 08, 2020, 05:32:19 PM

With that said, you should create a Medium account lol.

Too many trackers and attempts at data gathering, thus I'd not suggest this to OP even though I know that your intent is genuine.