Re:Bitcoin Energy Consumption Index
by IgorPartola on Saturday August 26, 2017 @07:09PM
(#15107974)
You can't buy a pizza with gold. You can with cash. BTC is trying to do both, and is failing as a store of value right now due to volatility though that may change.
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Re:Bitcoin Energy Consumption Index
by colordrops on Saturday August 26, 2017 @07:27PM
(#15108035)
It's neither cash nor gold, but shares more properties with gold. And it certainly is not failing as a store of value, with a steady increase in value over an appropriate time window.
Btw, you can buy pizza with gold, I guarantee someone will take your gold for pizza.