Zachary Zheng

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Zachary Zheng
Posted 7 months ago
Are "Bitcoins" the future of money?
That is not fundamental usefulness, that is granted by the state. If there was an apocalypse, your cash would be worth nothing, while machine-made toothpicks would stay useful. That is the difference. Of course, that is almost impossible, but it is an example to show that governments have finite durability, which means in the distant future, such a level COULD really be reached, by, something else. In which case bit-coins would be useful.