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November 22, 2024, 02:27:12 AM
Last edit: November 22, 2024, 04:09:11 AM by Torque Merited by JayJuanGee (1), Gachapin (1) |
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I always like to think about what it must have been like for the first 100 people on earth to find gold rocks and nuggets laying around, and start bartering them with each other for goods.
There must have been quite a few skeptics and haters that they met along the way. Especially in the beginning.
"Those are just shiny rocks...useless."
"Why would I want to trade my goods for those?"
"I'd rather have a pelt instead."
"Those shiny rock people are straight up stupid."
"This will never catch on. NEVER."
But the first 100 people didn't care what the critics said, because they knew they were on to something: As a form of money, gold didn't rust/tarnish, was malleable, fungible, divisible, portable, non-perishable, and rare.
It did catch on. Then those 100 people turned into 1000, then 10,000, then 100K, and so on and so on.
Until the whole known civilized world was using gold and silver as a currency and store of value.
The skeptics all went away and died off.
Now I know what the first 100 people must have felt, but in a completely different age.
The pioneers of a new form of money.
#BitcoinForever
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