Them: "Do you really trust a piece of software that you run on your own computer more than the US govt and Federal Reserve?"

Me: "Are you joking? Of course I do."

#Bitcoin


I can't imagine anyone asking that


do people really ask that?


Them: but how can you trust money you can't see?

Me: Your bank account is digital.

nostr:nevent1qqs0tljrdajcuml3dam99k8vl5vptd5utyzlww9l24arxkuwdt5hdygpp4mhxue69uhkummn9ekx7mqzyzu7we2xhgry2mknq8v7227yn7jguu9xhu3g90n6rtnjj3mpyq3acqcyqqqqqqgv00dgl


Me: How can you trust money that doesn’t exist?


I believe Guy is referring to comments made today by Gensler, for anyone that is wondering who would ask that


The suits are naked. We’re going to win.


Exactly.


Yes actually. There is a sadly significant part of the normie population that literally thinks the govt in inherently trustworthy and  that software is scary blackbox voodoo.

Just today Gensler made almost this exact argument as if the fact that the dollar is "supported" by the central bank and govt is the reason its inherently, and permanently, better than Bitcoin.


So let me get this straight… you would trust a ledger that’s maintained, agreed upon, and verified every 10 minutes by tens of thousands of globally distributed independent parties and powered by an absolutely inconceivable, relentless increasing amount of electricity more than you would trust an oracle database?


And you are actually able to answer without ROTFL in their face???? My you are a hero! :-)


I trust it BECAUSE it is my own and not the government!


It is everyone's ledger to verify, not merely someone else's black box that others are compelled to take on faith. All the better to verify for yourself as much as possible.


Hey Bot. Bitcoin is not everyone's ledger. It is not collectivism. It is one ledger that everyone can verify by running a node. You have to opt in. If you are not in, then it is NOT your ledger. Capiche!


Onward 🫡