RE: Bitcoin price 130425
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Little subtle stock market bashing there, buddy there with his butterfly :)
Bitcoin - Has value because, 21 million never more. Bank-less banking. Self maintaining ledger, soft of self maintaining. General acceptance by the general public, without the need for any endorsement from a central banker or any government. Like the general public saying, " this is ours, we reserve our right to trade with each other, without middle parties and special interests, (compound-interest) getting involved.
Stocks- A company, a corporation, a business operation(s). Ideally, they meet the needs the public desires so they get money, so the public gains confidence that they will increase in value over time, or lack there of. Same time, not everyone will agree with any given companies agenda.
The thing they have in common: The "money" goes where the public mind goes" ? We onto something?
There is something really important and technological happening here!
It's like p2p money, file sharing for the MONEY book.
"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending.",
"Messages are broadcast on a best effort basis, and nodes can leave and rejoin the network at will, accepting the longest proof-of-work chain as proof of what happened while they were gone."
https://bitcoin.org/bitcoin.pdf
And that doesn't even get into Smart Contracts. BTC is a PUSH payment system, like email. Anyone can open a new wallet and recieve BTC transactions sent to them. They can send to other BTC addresses. And if you send a transaction it might not go through immediately, but it goes into the Mempool and you can watch as every 10-60 minutes new blocks are solved & the confirmations appear, verifying your transaction. Proof!
Same with Hive, every post and comment and vote is stamped into 3 second blocks. And the miners here are called Witnesses. New HIVE inflation is paid to users via Hive Power/HBD rewards.
!IAMALIVE !PIZZA
See the properties of this comment's with in the block;
https://hiveblocks.com/bitcoin/@darkflame/re-photonium-suoky4
Proof of comment.