S&P Dow Jones Indices to launch cryptocurrency indexes in 2021

Re:S&P Dow Jones Indices to launch cryptocurrency indexes in... by FridgeSeal on Thursday December 03, 2020 @04:36PM (#25295438)

Bought any coffees (in person) with the crypto-currency of the week recently?

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Re:S&P Dow Jones Indices to launch cryptocurrency indexes in... by hiimtroymclure on Thursday December 03, 2020 @04:45PM (#25295566)

haha yeah I wasn't able to buy my coffee this morning with my gold bar so I threw it away. worthless metal amirite

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Re:S&P Dow Jones Indices to launch cryptocurrency indexes in... by FridgeSeal on Thursday December 03, 2020 @08:13PM (#25297788)

At least gold has intrinsic value and isn’t attempting to be a modern currency...

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Re:S&P Dow Jones Indices to launch cryptocurrency indexes in... by centimeter on Friday December 04, 2020 @12:47PM (#25305408)

> gold has intrinsic value

"Intrinsic value" isn't a rational concept and doesn't exist inside any successful economic formalizations.

Gold has value because it has useful properties, just like Bitcoin.

Gold: Shiny, sort of limited supply, difficult to store and transport

Bitcoin: Not shiny, hard-limited supply, easy to store and transport

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Re:S&P Dow Jones Indices to launch cryptocurrency indexes in... by centimeter on Thursday December 03, 2020 @06:48PM (#25297105)

I don't drink coffee, but I bought a JLC Geophysic last week.

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Re:S&P Dow Jones Indices to launch cryptocurrency indexes in... by dcl on Thursday December 03, 2020 @07:27PM (#25297462)

Lovely, fitting watch for (crypto) nerd :)

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Re:S&P Dow Jones Indices to launch cryptocurrency indexes in... by s5300 on Thursday December 03, 2020 @06:01PM (#25296579)

So I asked this cute barista if she'd be able to accept a fraction of my TSLA stonks for my coffee

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