Bitcoin is unseizable & uncensorable. Tokenized Securities and Tokenized Real Estate are not. Tokenized Securities derive their value from physical reality, approval & authority. Bitcoin derives its value from pure psychology. Enough said.
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No less one than universally agreeing that gold or fiat has any value. Gold has maybe -15-20% intrinsic value, and is 80% valued by the fact we all agree there is value. Fiat only has value because we agree it does.
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Precisely. They are all collective illusions. But he illusions are there for a reason. Gold - shiny/scarce/durable. Fiat - authority decree. Bitcoin - even more scarce, portable, divisible, transportable, unseizable, uninflatable than Gold.
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I may have mis understood your original tweet. It sounds like we are in agreement.
End of conversation
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