Oddbean new post about | logout
 Let's just stop with this weird narrative. Bitcoin is crypto.

Satoshi called Bitcoin crypto. Satoshi even enjoyed other cryptos - he created Namecoin after all. He obviously didn't think Bitcoin would be the only one.

"But because Bitcoin is the first successful digital money, any crypto trying to be money, irrespective of its characteristics, cannot compete with Bitcoin’s established network effects" 👇

 https://image.nostr.build/b0de23c2b2c90be5f1881fb3ce66b632a2e63bd8bea573fc47c41f5621f9e719.jpg 

 https://image.nostr.build/63d19d93428e129c3f8bfabd474eadfd5bc6267d24a1b42d305fc7e157132fd8.png 

https://image.nostr.build/f973abe946a22c94b9f81ed807ba19a14c25b80dd56591f50dd0ee581bd9c965.jpg