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Re:Bitcoin Falls Below $20k for the First Time Since 2020 by kgwgk on Saturday June 18, 2022 @07:24AM (#31788875)
> Traders getting out is good for me.

Say everyone gets out except you. You own all the bitcoins in the world. Now what?

Re:Bitcoin Falls Below $20k for the First Time Since 2020 by nextstepguy on Saturday June 18, 2022 @08:32AM (#31789262)
I believe that was Warren Buffett explanation on Bitcoin a while back, during Berkshire Hathaway‎ quarterly earnings report.
Re:Bitcoin Falls Below $20k for the First Time Since 2020 by lekevicius on Saturday June 18, 2022 @07:33AM (#31788935)
Assuming the node network and mining remains intact... now you own a pretty valuable and difficult to replicate infrastructure. At least some people will want to own the "native token" of that network.
Re:Bitcoin Falls Below $20k for the First Time Since 2020 by bovinejoni on Saturday June 18, 2022 @08:18AM (#31789177)
How is that a realistic assumption? The infrastructure goes dark as soon as the mining incentives disappear. You own an internet relic, a MySpace page
Re:Bitcoin Falls Below $20k for the First Time Since 2020 by naveen99 on Saturday June 18, 2022 @10:57AM (#31790353)
Use it as the family ledger ?