Peck by twetch#2336

1QHzSp…LqV4 Key · twetch

Something interesting George Gilder said during London conference I like to also share on Twetch. He said time is money and that real money remains scarce while everything else becomes abundant. This is really the characteristics of time.

What the chain says

Transaction: 3ecbf99def93df3ecacb45989d8930e0254fdbe94123e5ea1e2d36a1a8c19c54
Block: 623 521
Time: 2020-02-24T21:33:50Z
Signer: 1QHzSpFswSaXcLRCTxmFfwnXFiorsLqV4
App: twetch
Type: post
Content type: text/plain
Name in tx: twetch#2336

Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.

Signed by 1QHzSpFswSaXcLRCTxmFfwnXFiorsLqV4 Verified

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twetch#18944 Reposted · 6.6y

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twetch#2336 6.6y

1QHzSp…LqV4 Key · twetch

Replying to@1QHzSp…LqV4

Time is the ultimate currency of our life time. Everything we do requires us to spend a little bit of time. Time remains consistent and irreversible. Bitcoin inherits the same characteristics of time. Bitcoin remains scarce and irreversible too.

twetch#2336 6.6y

1QHzSp…LqV4 Key · twetch

Replying to@1QHzSp…LqV4

A single Satoshi unit remains unchanged, it is fixed while everything else can change or become abundant. As to how much a single Sat can exchange for is based on market forces. Therefore, Bitcoin = Time, the ultimate currency.

twetch#2336 6.6y

1QHzSp…LqV4 Key · twetch

Replying to@1QHzSp…LqV4

That is the potential of Bitcoin. It has not yet achieved global use, but that's what Metanet is capable. At scale, everything we do requires us to expend a bit of Bitcoin like time itself that is irreversible. It's an Incredible invention by Satoshi.

Post by twetch#2336

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