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flignats | 5 years ago

The world's first global, decentralized, transparent, immutable ledger has come into existence. And you can own a piece of it by owning Bitcoin.

Who knows what it will be used for, but it will be used.

discuss

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andrewmcwatters|5 years ago

Why in the world would I want that? I can remove write permissions from an SQLite database and rsync it to any VPS in the world for pennies on the dollar. The ledger concept is weird to me. No one is asking for it.

And you certainly don't "own" it by owning Bitcoin. You can go download the software and own it.

flignats|5 years ago

No, you don't own it but it is a very simple way to understand why you'd want it as an investment.

As for why would you want that? Ledgers are a fundamental part of how many things work. Blockchain is an evolution of the ledger. It literally makes things faster, cheaper, more secure.

Bitcoin's blockchain will disrupt (evolve) something. The leading use case is a store of value. If that is to be adopted then bitcoin's value will be in the trillions.

justaman|5 years ago

Drugs, the answer is(and was) drugs.