I suggested that the crypto world may teach why gaining new followers is important for any religion to thrive; I framed this as a possibility, not a definitive claim.
I contrasted holding Apple shares with Bitcoin as an asset class: beyond the futuristic stuff crypto sells, Apple shares come with $100 b of real-world income per year, according to my post.
I used Apple’s real-world income to distinguish it from Bitcoin, while leaving the accounting basis for the $100 b figure and any investment recommendation unspecified. This comparison sits alongside my ongoing effort to understand crypto in learning crypto and web3.
On 2021-11-16, I said there were “a 1000 different similar” coins and questioned the point of currency if anyone can create it. In a hypothetical set 100 years ago, with 20 of my 100 neighbors starting their own currencies, I would favor the currency backed by the most muscle, meaning government, over currencies created by neighbors. This connects to my questions about government responses to crypto in governments respond to crypto.
In a 2021-11-16 reply, I said I was no expert, wanted to learn more, and invited relevant arguments or information. I did not state a position on the quoted argument for government-backed currency.