Ya, I saw an article when Bitcoin was very new, like 10 cents each, and it said Bitcoin was stupid as a currency because there is a limited number of it and it will only increase in value which will cause people to horde it making it not valuable as a currency. They were kinda right tbf, it’s not a good currency.
I decided not to mine it because it would have cost as much in electricity as it was worth and the only thing I could buy were drugs which I don’t use.
IMongoose@lemmy.world 2 months ago
Ya, I saw an article when Bitcoin was very new, like 10 cents each, and it said Bitcoin was stupid as a currency because there is a limited number of it and it will only increase in value which will cause people to horde it making it not valuable as a currency. They were kinda right tbf, it’s not a good currency.
I decided not to mine it because it would have cost as much in electricity as it was worth and the only thing I could buy were drugs which I don’t use.