$365B wiped off cryptocurrency market after Tesla stops accepting Bitcoin

Re:$365B wiped off cryptocurrency market after Tesla stops a... by kordlessagain on Thursday May 13, 2021 @02:47PM (#27145753)

There is yet a killer use case, but AI is coming so just hang on a hot minute. Well be above 100k in six months. Machine learning APIs and Lighting payments are a match made in heaven.

[ Parent | on HN ]

Re:$365B wiped off cryptocurrency market after Tesla stops a... by paxys on Thursday May 13, 2021 @03:02PM (#27145974)

You just strung together some meaningless words.

[ Parent | on HN ]

Re:$365B wiped off cryptocurrency market after Tesla stops a... by amusedcyclist on Thursday May 13, 2021 @05:48PM (#27147917)

I hope its satire

[ Parent | on HN ]

Re:$365B wiped off cryptocurrency market after Tesla stops a... by chanc3e on Thursday May 13, 2021 @04:11PM (#27146777)

I'll bite. What do you mean?

Any Mathcoin (or any trade) is an exchange based on energy spent (not including Mathcoins insane transaction cost). It's an abstraction from someone mining for materiel from the ground and trading. An energy cost is involved.

What's the killer use case? I can just as easily purchase wine, art, or goods which appreciate and will indefinitely hold a non zero value, even if civilisation comes to a halt, someone wealthier than me will want to get drunk.

If the use case is a fungible, I'm good. If I want to do illegal stuff, I can just as easily launder those goods the same way.

p.s. if you buy expensive wine in restaurants, thanks.

[ Parent | on HN ]

Re:$365B wiped off cryptocurrency market after Tesla stops a... by imtringued on Friday May 14, 2021 @05:46AM (#27152513)

>There is yet a killer use case, but AI is coming so just hang on a hot minute.

Are you saying AGIs will earn a living by operating a cryptocurrency mine?

[ Parent | on HN ]