Re:Money Stuff: Tesla Sold Some Bitcoins
by paxys on Wednesday April 28, 2021 @03:00PM
(#26972828)
Most people I know have the same thought process. "It is probably nothing, but I'm going to put a tiny amount of money into it just in case to avoid losing out." When enough people do this, they themselves are giving Bitcoin the value it has.
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Re:Money Stuff: Tesla Sold Some Bitcoins
by johnyzee on Wednesday April 28, 2021 @03:35PM
(#26973177)
In case you didn't know, this is almost word for word Satoshi's prediction for the bitcoin success scenario. [1]
[1] https://satoshi.nakamotoinstitute.org/emails/cryptography/17... It might make sense just to get some in case it catches on. If enough people think the same way, that becomes a self fulfilling prophecy.