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Its fine, once institutions gobble up all the coins and the block reward disappears the blockchain can just stop. Bitcoin got eaten up by institutions.
by hoppp 1y ago
Its fine, once institutions gobble up all the coins and the block reward disappears the blockchain can just stop. Bitcoin got eaten up by institutions.
- JSteph22 1y agoBut I bought some early and I deserve to become a gajillionaire overnight without working.
- beeflet 1y agoInvesting is work. You have to spend time researching different opportunities, and even then there is still a risk involved. If you made money by buying bitcoin a long time ago, you didn't get something for nothing. And if you sell it now, you can profit before the game of musical chairs collapses. So there is a limited window of arbitrage. A little bit of work multiplied by a lot of risk and time.
- wqaatwt 1y agoIt’s closer to speculation than investing. Also it didn’t require any real work, just blind faith or forgetting that you even had bitcoin to begin with for a while.
- beeflet 1y agoI see this as one possible one good ending to bitcoin. The nerds of the world sold the financial institutions magic beans and dipped out.