Re:Bitcoin is a disaster
by anonisko on Thursday December 31, 2020 @08:07PM
(#25599530)
This is an underappreciated possibility of bitcoin.
All that insane amount of gold that's collecting dust in vaults being used as a store of value? Suddenly free to be used productively if bitcoin replaces it. Same with real estate that owners let sit unsed because they're primarily using it as a store of value rather than a productive asset.
All that insane amount of gold that's collecting dust in vaults being used as a store of value? Suddenly free to be used productively if bitcoin replaces it. Same with real estate that owners let sit unsed because they're primarily using it as a store of value rather than a productive asset.