As we have seen, on various occasions, the criptomoneda original since their appearance in the media in 2017 has generated controversy. So which encourages the discussion about it, both its concept as its use. On this occasion, we bring you the comments of Cameron Winklevoss, claiming that Bitcoin is more than gold.
Contents
Who is he?
Before we talk about the news as such, it is necessary to know about the character. Cameron Winklevoss is the half of the head family of the same name by Winklevoss Capital. This company has years of experience in the financial issues. However, is Cameron the most passionate of the family with regard to Bitcoin. For this reason, it is a co-founder of the exchange of encryption Gemini. On several occasions, they asked or requested your opinion with respect to the criptomercado, showing its position in that respect. In addition, it publishes actively in their social networks, particularly via Twitter.
What did he say?
Earlier in the day decided to open up a discussion on Twitter about the nature of Bitcoin, with tweets like the following:
Because Bitcoin is open source software, its possibilities are boundless. I often talk about gold as a target market cap, but that’s really just the beginning…it’s digital gold, source of truth, etc…— Cameron Winklevoss (@winklevoss) October 23, 2019
Stressing that refers to Bitcoin as the source of truth. However, this has greater implications than it seems. Winklevoss highlighted that while it accepts Bitcoin as digital gold, his accent lies in the revolutionary potential of open source software of the criptomoneda. Which establishes a public register digital decentralized transaction that is unchanging, secure, and anonymous: a single source of shared truth. In information systems, a Source of truth (SOT) is a term used to denote a source of reliable data that provides a complete image of the data object as a whole.
Reflection
As raises Winklevoss, various experts believe that Bitcoin is much more than “digital gold”. These people allege that the criptomoneda has a factor of added value that can not be measured in monetary units or utility. The ability to gain the trust of the users, it is something born of this type of asset, encouraging us to recognize Bitcoin as if it were money. As said an anonymous for some forum about cryptocurrencies: “would you Accept gold as payment from someone you do not trust, without verifying the weight and purity of the gold before sending your products? Think of an entire node of Bitcoin as a “detector of Bitcoin fake”: everything that you need to verify the “purity” of its Bitcoin is a Raspberry Pi”. The following two tabs change content below. I am a student of economics, interested in innovation and technological development, always faithful to that tomorrow will be a better day.