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Re:Bitcoin breaks above $20k for the first time ever by mcguire on Wednesday December 16, 2020 @10:29AM (#25443718)
Because there's no upper limit to what someone will pay you for a random number backed by no assets.
Re:Bitcoin breaks above $20k for the first time ever by beamatronic on Wednesday December 16, 2020 @11:05AM (#25444183)
You just described the entire financial system. Everything other than gold or a house falls into this category.
Re:Bitcoin breaks above $20k for the first time ever by mcguire on Wednesday December 16, 2020 @02:20PM (#25447164)
That is a false statement. For one thing, gold is not a productive asset; for another a house is not spectacular investment.