Re:Bitcoin emissions alone could push global warming above 2...
by formalsystem on Sunday January 17, 2021 @05:19PM
(#25815726)
For transactions yes you need local money for long term savings would rather hold Bitcoin or Lebanese Lira?
Re:Bitcoin emissions alone could push global warming above 2...
by ben_w on Sunday January 17, 2021 @06:06PM
(#25816196)
Depends on what you count as long term, but based on the 10-year graphs on WolframAlpha? I’d prefer Lira.
It’s not that I don’t regret not putting £10,000 into BTC when it was worth $250/coin (I absolutely do!) it’s just that I expect that degree of variability to work in both directions.
Indeed, though I don’t see how BTC could help — it’ll just be one more currency you’re not able to convert local money into, surely?