Blockchain is not a database, it’s a protocol for syncing the databases. The point of a blockchain is not to “store” or “distribute” data, it is to make sure mutually distrusting parties are all on the same page.

Blockchain is not a database, it's a protocol for syncing the databases. The point of a blockchain is not to "store" or "distribute" data, it is to make sure mutually distrusting parties are all on the same page. submitted by /u/Bitcoin-Laundry
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Bitcoin – The Currency of the Internet

The British pound is the oldest fiat currency in existence at 317 years. The pound was originally defined as 12 oz. of silver. It’s now worth less than 0.5% of its original value. In other words, the most successful long standing currency in existence has lost 99.5% of its value.

The British pound is the oldest fiat currency in existence at 317 years. The pound was originally defined as 12 oz. of silver. It's now worth less than 0.5% of its original value. In other words, the most successful long standing currency in existence has lost 99.5% of its value. submitted by /u/AnoniMiner
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Bitcoin – The Currency of the Internet

My reaction when I spend hours explaining to my colleague that bitcoin is valuable because it’s the first piece of digital scarcity, the hardest money, and a global open access decentralised payment system, and he still insists it’s the same as tulip bulbs

My reaction when I spend hours explaining to my colleague that bitcoin is valuable because it’s the first piece of digital scarcity, the hardest money, and a global open access decentralised payment system, and he still insists it’s the same as tulip bulbs submitted by /u/autonova3
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Bitcoin – The Currency of the Internet