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Seems to me he understands Bitcoin, and thinks it is hot garbage
by taberiand 5y ago
Seems to me he understands Bitcoin, and thinks it is hot garbage
- cbozeman 5y agoI've been mining Bitcoin since the early 2010s. It is hot garbage... but it's hot garbage people will pay for, and I see no reason to sell now. I legitimately think BTC will hit $1m per coin, although I couldn't say when, and I definitely cannot say why. I myself don't understand the attraction to it. I understand the arguments on a logical level, and even an emotional level, but they're not good arguments, imo.
- randomopining 5y agoHave you hodl’ed the whole time? Tbh it makes sense on an individual level but on a societal level it’ll lead to inefficiencies.
- brtkdotse 5y agoOn a societal level it would lead to a burning planet. (Yea, yes, I know NOT A CRYPTO Spews out a months worth of car riding per transaction)
- valuearb 5y agoYou expect BTC to reach $20 trillion market cap, nearly the size of the US GDP?