logoalt Hacker News

popol1204/03/20254 repliesview on HN

Bitcoin would be the most fair choice for a new reserve currency. It has equivalent properties as gold but is more practical to use, and there's no geographic inequality to mining it.

No government could benefit from manipulating it. How cool is that ?


Replies

viraptor04/03/2025

> there's no geographic inequality to mining it.

Apart from having access to cheap energy which is collocated with... specific geographic features like geothermal / hydro energy which not all countries have access to.

show 1 reply
tootie04/03/2025

Is Bitcoin even a currency? Who spends it? And who keeps it stable?

show 2 replies
api04/03/2025

It’s more deflationary than gold due to hard fixed supply plus breakage.

rongrobert04/03/2025

Of course a middle school level view of currency is "cool".

show 1 reply