JUST IN: 🇺🇸 Pro #Bitcoin candidate John Deaton won his primary and will now face off against Elizabeth Warren. The first Bitcoin election 🙌 - The Great Awakening - Where We Go Qne, We Go All!

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JUST IN: 🇺🇸 Pro #Bitcoin candidate John Deaton won his primary and will now face off against Elizabeth Warren. The first Bitcoin election 🙌 (media.patriots.win) 💸 Cashin Out Da Squaw 😂

posted 65 days ago by catsfive 65 days ago by catsfive +226 / -1

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– Monomial 1 point 65 days ago +2 / -1

Money is always just an accounting mechanism. Gold is just a rock. Nothing has "intrinsic" value except that which we decide it has.

End the Fed, sure. But end ALL centrally controlled monetary systems. Only Proof of Work cryptographic ledgers like Bitcoin are truly decentralized and do not require trust in a 3rd party.

That is why BTC is special. Those who argue things like "backing" don't understand what that means. All money of any kind is always backed by whatever people are willing to trade in exchange for it.

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– SOGWAP 1 point 65 days ago +1 / -0

And some things backing money have less real value than others.

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