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@ ₿itcoin ₿ill
2025-06-12 16:15:21
Willy Woo:
It’s an incorruptible protocol for triple ledger accounting.
Double ledger accounting invented in the 15th century lead to an explosion of modern businesses and accelerated world GDP.
(This is why you only see charts of stocks going back 500 years. Before that you couldn’t do standardised accounting.)
Gold’s industrial use cases and infinite availability in the universe weakens it as a standardised ledger for uncorruptible money.
So when you talk about real value it’s in the technology of the ledger. Gold was the best ledger tech for the last 6000 years, now it’s BTC.
Thinking in terms of “real value” as industrial value demonstrates a misunderstanding of what money is. Money is ledger technology.
BTC is ledger technology perfected.
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