Re:The Bitcoin Investment Thesis Is Broken
by paystaxes on Tuesday May 24, 2022 @05:34PM
(#31497784)
> If you bet on Bitcoin because of a "debased fiat currency", you have likely lost a grievous amount of value in whatever denomination anyone other than you actually cares about.
My Venezuelan friends feel differently.
> you still can't use it to buy a sandwich
https://www.investing.com/news/cryptocurrency-news/walmart-m...
>It remains merely environmentally disastrous
https://www.coindesk.com/business/2021/03/05/the-frustrating...
Meanwhile, you still can't use it to buy a sandwich and promises to the contrary are over five years old with no progress to speak of. It remains merely environmentally disastrous not-money. Gold buggery is eternal, though; I wonder if the elderly watching right-wing news channels are the next to be targeted with buy-it-now ads.