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“Nothing more volatile…” erm energy prices in the UK just jumped 70% and it’s not to do with crypto, co2 supply shrank to levels never seen before again nothing

“Nothing more volatile…” erm energy prices in the UK just jumped 70% and it’s not to do with crypto, co2 supply shrank to levels never seen before again nothing to do with crypto both of which affect whole populations. Try to avoid crypto hyperbole. Lastly, I don’t know anybody invested in crypto that hasn’t made money, so anecdotally that indicates the number is much higher than 5%.

ddorian43 5y ago
> Lastly, I don’t know anybody invested in crypto that hasn’t made money, so anecdotally that indicates the number is much higher than 5%. You make money when you exit and sell the asset for cash. Have they sold ?
- jhgb 5y ago
  I thought this "asset" was supposed to replace cash. Why would you "sell it for cash"? Other than an equivalent for selling US dollars for Euros.
  - ddorian43 5y ago
    > I thought this "asset" was supposed to replace cash. When you can buy food, house/rent and the doctor accepts bitcoins it will become cash.
    - jhgb 5y ago
      That's the massive problem with decentralized "currencies". Even if the Colombian peso is used by 0.6% of people in the world, it's still a currency because lots of people can pay with it in almost all their interactions with the economy. If a decentralized global "currency" is used by 0.6% of people, it's not a currency because almost nobody around you accepts it. Even at 6% it would not be a currency. Maybe at 60%, but how do you get there from 0.6% in the first place?
    - ryanlol 5y ago
      That’s great, the concierge company I work with handles all of these things and accepts bitcoin.