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A comment on The Bitcoin Investment Thesis Is Broken. Parent comment

Re:The Bitcoin Investment Thesis Is Broken by ogogmad on Tuesday May 24, 2022 @10:01AM (#31492227)
And when the mining stops, all its value vanishes. Value stored on jelly. Bitcoin has a runaway implosion mechanism built in, and no floor on its price except 0.
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Re:The Bitcoin Investment Thesis Is Broken by gonzo41 on Tuesday May 24, 2022 @10:11AM (#31492349)
I bet there's a lot of people who've bought bitcoin on leverage. Bitcoin may go to zero and it'll cost a lot of money on it's journey there.
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