Re:Coinbase S-1
by arcticbull on Thursday February 25, 2021 @04:11PM
(#26268391)
> A new asset class (like Gold) which everyone wants to invest in because they think everyone else values it (just like Gold). And with a few benefits over Gold like it can be transferred easily.
haha, I've never had trouble buying and selling GLD instantly. Gold futures too! My broker charges a few pennies.
On the other hand a BTC transaction uses 600kWh of power, yields 100g of e-waste, takes hours to confirm and $20 in fees. Yay! What a time to be alive. I'm sure glad we went through all this consternation.
> That this has sustained for 12 years is amazing and the longer it stays, the longer it will further stay.
Madoff lasted 17! :)
A new asset class (like Gold) which everyone wants to invest in because they think everyone else values it (just like Gold). And with a few benefits over Gold like it can be transferred easily.
That this has sustained for 12 years is amazing and the longer it stays, the longer it will further stay.