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I wonder how Bitcoin compares to this.

• dgellow 6y ago
  Exactly the same, with even less regulation? I read today that 20% of Bitcoin futures on binance are trading at 125x leverage!!! 60% at JUST 20x leverage. A huge part of the crypto world is just completely insane. They are normalizing a level of risk literally absurd. https://twitter.com/CryptoCobain/status/1369225313922736129?s=20 https://twitter.com/CryptoCobain/status/1369225313922736129?...
  • megameter 6y ago
    Bitcoin mining has also become the lifeline for the likes of Iran and Venezuela, where the power is priced cheaper in local money. Iran has been moving towards an official legal framework for Bitcoin.
• gruez 6y ago
  speculative bubble =/= pyramid/ponzi scheme https://news.ycombinator.com/item?id=26203396 https://news.ycombinator.com/item?id=26203396