Vlad on Nostr: “Yeah but Satoshi compared Bitcoin to gold” Yeah, but “gold” meant that ...
“Yeah but Satoshi compared Bitcoin to gold”
Yeah, but “gold” meant that it’s limited in supply and you mine it with your computer.
Satoshi was an optimist in terms of scaling Bitcoin for payments to replace Visa, Mastercard & PayPal.
For him, digital gold didn’t mean slow & expensive to transfer, a settlement layer for high value transactions, or something that you should only store speculatively.
Published at
2025-08-28 06:37:46 UTCEvent JSON
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"content": "“Yeah but Satoshi compared Bitcoin to gold”\n\nYeah, but “gold” meant that it’s limited in supply and you mine it with your computer. \n\nSatoshi was an optimist in terms of scaling Bitcoin for payments to replace Visa, Mastercard \u0026 PayPal. \n\nFor him, digital gold didn’t mean slow \u0026 expensive to transfer, a settlement layer for high value transactions, or something that you should only store speculatively.\n\nhttps://image.nostr.build/71d44008ee4cdd6c6901b1665a7cf46ac9bc9718f8548544d7dd62782ed6fffd.jpg\nhttps://image.nostr.build/f756fe5e3fe7742c4f7b77ee93b42474ef3a71eb7790be8a478a2caff1bc7516.jpg",
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