{"version": "1.0", "type": "rich", "title": "To push back against the pushback against the push\u2026 forward, if you understand Bitcoin as a value transfer medium that\u2019s not...", "author_name": "kontextmaschine", "author_url": "https://kontextmaschine.com", "provider_name": "kontextmaschine", "provider_url": "https://kontextmaschine.com", "url": "https://kontextmaschine.com/post/168597977743/", "html": "<p>To push back against the pushback against the push\u2026 forward, if you understand Bitcoin as a value transfer medium that\u2019s not beholden to Cold War victors like <a href=\"https://en.wikipedia.org/wiki/Society_for_Worldwide_Interbank_Financial_Telecommunication\" target=\"_blank\">SWIFT</a>, and not leveraged out from ultimately vulnerable physical material like gold, it might actually be worth that much and just started out radically undervalued</p><p>Maybe the comparison that goes unmade here is to IPOs that generally offer at less than the expected first-day price (because a market needs fluidity and fluidity needs market makers?)<br/></p>"}