Tired of “Bitcoin gains in value!” headlines? Try this: “Against a mysterious world-wide low-grade revolution in the industrialized world, the dollar & other violence backed fiat currency continued their collective plunge against math backed Bitcoin.”
I disagree. If you view it like a language it makes more sense. The more people use a given language the more valuable it is because the more you can use it to communicate. It also drives out supposedly technically “superior” languages a la Esperanto
-
-
Except I don't view it like a language because it's not remotely like one
-
A protocol is like a language, it allows you to communicate effectively. It spreads like a language, like products with network effects. Andre Orlean is an excellent economist on this in his Empire of Value
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.