Replies (8)

AnnSofiNovelist's avatar
AnnSofiNovelist 10 months ago
Means nothing to me. I mean, I get it, but it's not why I bitcoin. I don't know if that's really what would convert normies. I mean, how many of us understand how a card really works at the store? We can guess parts, but most people don't need to know "what's going on under the hood" to know that it's easier to use a card linked to our bank account than to get cash for each transaction.
That’s not really what this means though. The difficulty adjustment isnt an orangepill, but it appears to be a threshold where no critics can cross without first understanding Bitcoin which then stops them from being critics.
AnnSofiNovelist's avatar
AnnSofiNovelist 10 months ago
Ah I see. It's coming from the perspective of someone who understands the difficulty adjustment. And that none of those people who have gotten to that point would then also think bitc is worthless. Cause they clearly just know too much to not swe the value. At first I thought you were asking why people needed to understand the difficulty adjustment in order to under the value of bitcoin. Oops.
Understanding the difficulty adjustment and the self healing system bitcoin is Makes it go from chuck-e cheese bucks to actual money
M21's avatar
M21 10 months ago
People go where there is value and most of the time value comes when there is scarcity so no one not even one single person who understands difficulty adjustment can say that Bitcoin is worthless
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