Re:Cambridge Bitcoin Electricity Consumption Index
by golemotron on Wednesday February 10, 2021 @09:41AM
(#26089710)
Inflation-proof store of value.
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Re:Cambridge Bitcoin Electricity Consumption Index
by mortehu on Wednesday February 10, 2021 @10:14AM
(#26090195)
Only a given bitcoin fork is inflation proof. Bitcoin itself is infinitely forkable, and if someone greatly improves the experience of creating and trading forks, we're at risk of inflation in a way fiat currencies are not.
Re:Cambridge Bitcoin Electricity Consumption Index
by darkstar999 on Wednesday February 10, 2021 @09:43AM
(#26089731)
By trading inflation for volatility?
Re:Cambridge Bitcoin Electricity Consumption Index
by betterunix2 on Wednesday February 10, 2021 @10:00AM
(#26090001)
Anything of value that is not the currency used in your country meets that definition, and most of those things do not consume vast amounts of electricity.