News for hackers. Stuff that matters.

A comment on Bitcoin is 'a giant pyramid scheme,' says Pinboard founder [video]. Parent comment

Re:Bitcoin is 'a giant pyramid scheme,' says Pinboard founde... by traloid on Friday May 21, 2021 @10:29AM (#27234411)
It is backed by cost of electrical consumption. Its just that 90% of its value is speculation. But it absolutely does have "real value" and is backed by material reality.
[ Parent | on HN ]

There are no comments on this comment yet.