Post by twetch#2082

1AKHVi…MfPE Key · twetch

BitCoin is more similar to oil than it is to gold..except when you "burn" it by paying mining fees, there is zero waste as the value goes back into the system

What the chain says
Block
591 549
Time
2019-07-17T15:07:53Z
Signer
1AKHViYgBGbmxi8qiJkNvoHNeDu9m3MfPE
App
twetch
Type
post
Content type
text/plain
Name in tx
twetch#2082

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

Signed by 1AKHViYgBGbmxi8qiJkNvoHNeDu9m3MfPE Verified

Reposted by (1)

Replies (1)

1AKHVi…MfPE Key · twetch
Replying to@1AKHVi…MfPE

It's even more similar than that, you refine it into useful sub-components, which you use to build other things, which you use to build other things, etc.

Oil is to energy as BitCoin is to information.