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Hate to break it to you, but the USA has those too.
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Volcano-powered Bitcoin mining town is the new monorail.
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True.
My point was that those things were pretty bad for El Salvador.
Pretty bad for any place.
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For sure, but the uses were much less diverse in 1800. Dentistry certainly, but I can’t think of any others (though I’m sure they existed).
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That was kinda my take- it reminds me of destitute and desperate cities building stadiums or casinos or bribery subsidies to move a headquarters and giving away the farm to do so, despite the fact that it’s never ever worked. If it wasn’t bitcoin it would be some other mirage.
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what ever it takes to get the toxic turtle slaughtering bitbros out of Puerto Rico has my support.
obligatory; fuck Brock.
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Money. It’s durable, portable, dense in a way that makes it specifically identifiable and authenticatable. It’s very easy working and ductile, so perfect for detailed coinage.
These are similar to the reasons it was desirable in general. Gold is easy to work, even cold. It does not tarnish, it’s non-reactive. It’s melting temperature is very low. Decorative, cultural and religious objects exist and you want a material that is good for making them from.
Gold appears to be the very first metal we worked, and lead to the working of all other metals. Because it is so easy to deal with.
It’s use as medium of exchange seems to roll out of that, in tandem with it’s value. Rather than resulting from it being valuable for hand wavy reasons. Just as the concept of “money” seems to start with ledgers and tokens tracking the inputs and outputs of grain storage in Temples and public granaries. Not with barter or commodities.
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Will it have legs so that it can get up and travel if the volcano runs out, or some other place offers a better deal?
Or to devour some lesser crypto-fortress, Mortal Engines style?
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The Crypto Bros have a beachhead.
A “cool story” of where the gifted Bitcoin came from:
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