So what .. it happens all the time .. devs start working to solve an inferior problem and they end up hitting a jackpot .. Google guys just wanted to make a page rank algo and they went to sell it to Yahoo ... You know the history .. same thing happened to Bitcoin .. Satoshi were targeting a simpler problem but due to their incredible insights in math , cryptography and coding ..they created GOLD ...
I hope you understand creating a GOLD replacement is a LOT HARDER problem than fiat replacement ! ..
Replies (4)
Gold is money, Bitcoin is better money.
I don't think Satoshi wanted to solve an "inferior" problem and then somehow ended up creating gold, or some asset which is not money but happen to scarce and desirable.
First point - YES
Second point - I don't know what Satoshi wanted ..I guess you too ... But the white paper clearly says they were designing a p2p cash system .. turns out they created a replacement for Gold .. which one would you choose ?
Thanks for the digital gold zapped through wonderful nostr :-)
Yes Satoshi did start with a p2p cash system in mind .. but ended up creating digital gold ..
Satosha
So what .. it happens all the time .. devs start working to solve an inferior problem and they end up hitting a jackpot .. Google guys just wanted to make a page rank algo and they went to sell it to Yahoo ... You know the history .. same thing happened to Bitcoin .. Satoshi were targeting a simpler problem but due to their incredible insights in math , cryptography and coding ..they created GOLD ...
I hope you understand creating a GOLD replacement is a LOT HARDER problem than fiat replacement ! ..
View quoted note →
