Bitcoin Depends On Faith – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

As Tesla buys $1.5 billion in bitcoin, BNY Mellon expands custodial services to include bitcoin and crypto assets and Mastercard follows Visa and PayPal in facilitating cryptocurrency transactions, the bitcoin price has reached record highs — yet again — breaking over $61,000.

Once again in the spotlight, bitcoin has reignited arguments over the reasons for its eventual rise or fall. Such arguments frequently proceed from data, facts or other material “realities.” We contend that a thorough analysis, however, must also think about Bitcoin in its immaterial form, as an object of faith, or what is the more secularized versions of faith: belief and trust.

While certain commentators have examined the relationship between bitcoin and faith, their work typically either disparages “the bitcoin faithful” as unthinking cultists or denotes bitcoin as a uniquely “faith-based asset.” We would like to remind our readers that, while faith in bitcoin sometimes inspires fanaticism, and sometimes inspires incredulity during dinner conversations, the faith that sustains the price of bitcoin similarly sustains the price of other asset classes at a foundational level.

Dieser Beitrag ist ein öffentlicher RSS Feed. Sie finden den Original Post unter folgender
Quelle (Website) .

Krypto-Nachrichten ist ein RSS-Nachrichtendienst und distanziert sich vor Falschmeldungen oder Irreführung. Unser Nachrichtenportal soll lediglich zum Informationsaustausch genutzt werden.


Schreibe einen Kommentar

Deine E-Mail-Adresse wird nicht veröffentlicht. Erforderliche Felder sind mit * markiert.