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A comment on S&P Dow Jones Indices to launch cryptocurrency indexes in 2021. Parent comment

Re:S&P Dow Jones Indices to launch cryptocurrency indexes in... by didibus on Thursday December 03, 2020 @11:59PM (#25299151)
All investment is speculative, you hope that the asset you acquire with your money is worth more in the future.

With Crypto, you hope that the coins you acquire from it are worth more in the future.

Same thing.

Energy requirements of Bitcoin are a technical limitation, but as proof of stake is trying, that might just be a matter of time till it's minimized. Similarly, physical settlements today is also costly, moving real physical dollar bills across borders obviously comes with its own energy expenditure. So I don't know which one is wasting more.

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Re:S&P Dow Jones Indices to launch cryptocurrency indexes in... by overcast on Friday December 04, 2020 @08:55AM (#25302213)
It's not the same thing. When I invest in Apple, I'm in investing in a company, its people, and a product I use daily for work and pleasure. What does Bitcoin provide beyond the speculative nature of it? It's certainly not for making purchases when its value swings double digit percentages.
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