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posted 1 year ago by BigMikesSaggyBaggins 1 year ago by BigMikesSaggyBaggins +145 / -0

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– ImStartingToBelieve 2 points 1 year ago +2 / -0

BTC is backed by energy, along with its nature of being decentralized and trustless.

All value of subjective, but to compare BTC to federal reserve notes is asinine.

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– NanoKhuma 3 points 1 year ago +3 / -0

So I can go to the issuing miner and ask for the X kilo/mega/gigajoules of energy used to mine the block back and be able to use that energy as I please? Whereas before FDR used unconstitutional methods to ban gold ownership, I could do that with USD to get gold.

BTC is secured by energy, not backed by energy.

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2024.12.01 - gkn69 (status)