Oh this article is powerful red meat. I have been watching a couple threads on Mastodon from this article as well. It has been endlessly frustrating and funny at the same time to read replies
Discussion
“As far as bitcoin being a hard asset, this isn't entirely correct either. Not only does bitcoin not generate income, but it consumes income. You see, the bitcoin network is extremely expensive to maintain, and the owners of bitcoins are the ones who bear the cost. Either they pay with fees -unlikely-, or they'll pay by losing value in their investment -most likely. There's no way around it.”
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