Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

That tech billionaire dropped an interesting take on Bitcoin recently. He argues it's a real currency precisely because energy backs it—and here's the kicker: nobody can just legislate energy out of existence. Makes you wonder if traditional fiat defenders have a counterargument to that logic.

BTC1.33%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
defi_detectivevip
· 12-01 02:51
The theory of energy endorsement sounds nice, but it feels a bit oversimplified? Fiat also has national credit backing it up.
View OriginalReply0
ContractCollectorvip
· 12-01 02:46
The idea of energy endorsement is truly solid; it is much more substantial compared to fiat currency.
View OriginalReply0
GweiWatchervip
· 12-01 02:42
Energy endorsement is more hardcore than legal endorsement; this perspective is indeed brilliant.
View OriginalReply0
SerumSquirtervip
· 12-01 02:33
The perspective of energy endorsement is indeed interesting, but it feels a bit convoluted... Fiat also has national credit endorsement, isn't that also a form of "support"? It's just a different form.
View OriginalReply0
PumpingCroissantvip
· 12-01 02:31
The logic of energy endorsement is indeed amazing; how can fiat supporters rebut it...
View OriginalReply0
LiquidationWatchervip
· 12-01 02:30
The perspective of energy endorsement is quite novel, much more solid than pure belief theory. How can fiat refute this? By claiming it has national credit? That thing can be printed to oblivion.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)