- Entry
- $112,337.00
- Now
- $64,722.06 -42.4%
- Target
- —
- Score
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When Bitcoin was introduced as a method for storing data in a decentralized way that prevents tampering or loss, it was claimed that the data it stored was financial in nature. Terms such as "electronic money" were used, and references were made to financial institutions. It was even claimed that Bitcoin solved the problem of trust that causes crises in financial institutions. Yet financial data is fundamentally about obligations and corresponding claims, which do not exist in Bitcoin. Although some …
— ORIGINAL POST ·
Bitcoin Investing: A Financial Harakiri Without Precedent
· r/investing
· May 10, 2026