Comment on What advice would you give to your younger self?
fine_sandy_bottom@discuss.tchncs.de 12 hours agoThe thing is, in a year’s time bitcoin could be worth $200k or it could be worth $0.
Trump loved crypto because he grifted with some NFTs and then he needed support to win an election. That’s done now so we’re 1 brain fart away from a royal decree that crypto is bad.
People don’t sell up all their shares because they have enough to retire on.
jagged_circle@feddit.nl 10 hours ago
I’m a year’s time, 1 USD could be worth double what its worth now, or it could be worth 0.
Most likeluy, however, in 10 years, bitcoin will be worth more than $200k and USD will be worth much less than it is today.
fine_sandy_bottom@discuss.tchncs.de 8 hours ago
That’s a false equivalence. Yes the USD could be worth $0 but the chances of that are infinitesimal in comparison to the chance that crypto will be worthless.
You have no evidence on which to base an assertion of bitcoin’s most likely future value. Past performance is not an indication of future performance.
The only surety is that crypto will consume egregious amounts of energy in the course of producing absolutely no value.