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A comment on Bitcoin miners are buying power plants. Parent comment

Re:Bitcoin miners are buying power plants by etripe on Friday April 16, 2021 @08:18AM (#26832941)
> To argue that any store of value isn’t speculative to some degree is naive.

Isn't there a difference between currency in general being speculative to some degree and cryptocurrencies specifically, whose main value proposition is speculation?

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Re:Bitcoin miners are buying power plants by CTDOCodebases on Friday April 16, 2021 @11:34AM (#26835162)
I wasn’t referring to fiat currency since that is a terrible store of value. It is guaranteed to have less buying power in the future.

What I was referring to was stocks since they have outperformed government bonds and gold the last few years. Take Amazon for instance. I don’t think the share price is equal to total assets minus total liabilities divided by number of shares. Amazon doesn’t issue dividends so why did the shareholders pay so much for the shares?

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