Post
Topic
Board Bitcoin Discussion
Re: If Bitcoin been backed by Dollar then what will happen if the Dollar collapsed?
by
aoluain
on 02/06/2024, 13:29:38 UTC
I genuinely  think about this question twice a week.

Satoshi Nakamoto (Who ever he really is) simply made Bitcoin to give a chance to geniuses like him to be rich
remember that Satoshi was a math genius, he solved equations thought  to be impossible it the time being.


So are you referring to Satoshi's wealth in terms of the amount of Bitcoin which is
in the wallets known to be his*, the ones to this day still remain untouched? because
until they are liquidated into FIAT they are still just a digital asset

The gift he gave us was:

Quote
A purely Peer-to-Peer version of electronic cash would allow online payments to be
sent directly from one party to another without going through a financial institution

It has nothing to do with getting rich, it has just turned into a speculative asset by some
people. There is nothing to stop anyone from using it, rich or poor