News for hackers. Stuff that matters.

A comment on Cambridge Bitcoin Electricity Consumption Index. Parent comment

Re:Cambridge Bitcoin Electricity Consumption Index by artificialLimbs on Wednesday February 10, 2021 @10:03AM (#26090047)
> ... I struggle to think of what could be a good store of value.

Land.

[ Parent | on HN ]
Re:Cambridge Bitcoin Electricity Consumption Index by mateuszf on Wednesday February 10, 2021 @05:08PM (#26095455)
Land is hard to liquidate when needed, unless it's in a popular place.
[ Parent | on HN ]
Re:Cambridge Bitcoin Electricity Consumption Index by FlownScepter on Wednesday February 10, 2021 @11:02AM (#26090937)
the 2008 mortgage crisis has entered the chat

But yeah, fair point. It's pretty much the only 99% safe asset.

[ Parent | on HN ]
Re:Cambridge Bitcoin Electricity Consumption Index by machinebun on Wednesday February 10, 2021 @05:49PM (#26095897)
Tell that to landowners in 1917 Russia :)
[ Parent | on HN ]
Re:Cambridge Bitcoin Electricity Consumption Index by jazzyjackson on Wednesday February 10, 2021 @08:20PM (#26097095)
If facebook is having a hard time censoring anti-vaxxers, imagine when the term "land reform" starts making the rounds.
[ Parent | on HN ]
Re:Cambridge Bitcoin Electricity Consumption Index by FlownScepter on Thursday February 11, 2021 @09:33AM (#26101830)
I said 99%. :P
[ Parent | on HN ]