News for hackers. Stuff that matters.
Re:The Bitcoin Investment Thesis Is Broken by notahacker on Tuesday May 24, 2022 @09:46AM (#31492035)
> We'll see where money goes when there's nowhere good to invest it AND fiat currency is being inflated like crazy

We're literally seeing that now. The money is flowing out of BTC even faster than all the other investments losing value.

The original article is overstated and lacks nuance, but he's not wrong on that point.

Re:The Bitcoin Investment Thesis Is Broken by cpurdy on Tuesday May 24, 2022 @10:43AM (#31492767)
>We're literally seeing that now. The money is flowing out of BTC even faster than all the other investments losing value.

Yes, but other than that, how did you enjoy the play, Mrs. Lincoln?

Re:The Bitcoin Investment Thesis Is Broken by ephbit on Wednesday May 25, 2022 @06:39AM (#31502619)
When people are talking about "inflation" my inclination is to think about at least 2-3 years as a time frame.

> We're literally seeing that now. The money is flowing out of BTC even faster than all the other investments losing value.

Yes, currently BTC apparently isn't becoming more valuable. But that's not all that relevant to people who're interested in it for the sake of inflation / store of value.