The author of the Harry Potter series of novels, JK Rowling, does not understand what Bitcoin is, so she askedexplain to her how it works. In just three hours, her tweet received more than 1,300 replies.
Trying to convey to Rowling the essence of Bitcoin in an understandable language, crypto enthusiasts began to use the magic terminology from her books. Lolli CTO and co-founder Matt Center wrote:
Imagine digital gold galleonswhose supply is limited – they cannot be made larger even with the help of the philosopher's stone. The only way to earn new Galleons – carry out transactions using money you already have. And this system works without the help of goblin central banks.
Bitcoin's fixed supply cannot be changed by any institution, unlike the current financial system, into which banks can pour unlimited amounts of cash.
Some users have tried to explain the value of bitcoin schematically. The writer, who, as it turned out, was tipsy during the discussion, could not appreciate all the efforts of the community.
I know that you are trying to help, but what would you understand – I’m already drinking my fourth Old Fashioned and for me these diagrams are the same as scrolls in Sanskrit.
Apparently, some analogies and examples were too confusing for Rowling. Not a single explanation could convince her:
People try to explain Bitcoin and everything to meI hear – blah blah blah collectible tokens (My Little Pony?), blah blah blah computers (I have one), blah blah blah cryptography (sounds scary), blah blah blah understand the risks (I like them -I don’t understand).
Elon Musk, who previously stated that digital currencies are the best alternative to conventional paper money, tried to save the situation.
Giant currency issuance by central banks of governments makes rather reliable Internet money from bitcoin.
However, Musk indicated that he still owns only 0.25 BTC.
It is worth noting that this morning the writer continued to discuss this topic with her readers. She still claims to not trust cryptocurrency technology.
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