Bitcoin

Out of context: Reply #2615

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  • shapesalad-1

    • Jeff destroys the whole 'limited supply' thesis of Bitcoin and that being why it will be the world currency. TLDR - it won't work.shapesalad
    • One use for bitcoin - you can hide money when getting divorced.shapesalad
    • shapesalad turned bearish -- time to buydrgs
    • ^^^uan
    • not bearish - coming to terms with my loss... 1 btc of worthless digital code. By all means, pump it up, I'll sell at $70kshapesalad
    • My first reaction when I really dug into bitcoin was - it's only worth what the next person is willing to pay for it. And that remains.shapesalad
    • If all bitcoin mining was done with waste energy, gas flares, hydro - then there could well be a floor price, but that would be tiedshapesalad
    • to the general energy sector average cost. It isn't ever going to be worth $1m per coin, not unless everyone goes full on FOMO.shapesalad

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