Crypto 360°: The USD system incentivizes people to cut corners, cheat, and be dishonest. The Bitcoin protocol incentivizes honesty, proof of work, and disincentivizes cheating. Bitcoin's security is stable, predictable, and backed by voluntary association. The USD's security is backed by government force.

Tuesday, 25 August 2020

The USD system incentivizes people to cut corners, cheat, and be dishonest. The Bitcoin protocol incentivizes honesty, proof of work, and disincentivizes cheating. Bitcoin's security is stable, predictable, and backed by voluntary association. The USD's security is backed by government force.

submitted by /u/the420chronicler
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