“there no way for me to verify the practice matches the theory”
It’s literally a public ledger that anyone can go through with a fine tooth comb. And some have. Why is gold valuable? Because you can hold it? Because people make jewlery with it? No because over time people agreed that it was something they wanted because there was a limited quantity. Bitcoin is even more limited than gold because while we dont know how much gold there is to mine we know exactly how much Bitcoin is left. Bitcoin will continue to rise in value esp as adoption increases like it has
“there no way for me to verify the practice matches the theory”
It’s literally a public ledger that anyone can go through with a fine tooth comb. And some have. Why is gold valuable? Because you can hold it? Because people make jewlery with it? No because over time people agreed that it was something they wanted because there was a limited quantity. Bitcoin is even more limited than gold because while we dont know how much gold there is to mine we know exactly how much Bitcoin is left. Bitcoin will continue to rise in value esp as adoption increases like it has