5 ms·

Shocker. At least tulip bulbs could be planted.

tantalor 1y ago
Fun fact: they're edible too > In addition to the rationing system, the government provided food through soup kitchens in the cities. As the intensity of the famine increased, the reliance on soup kitchens increased. In April 1945, 1.8 million people in the cities were served daily. One pint of soup per person was the normal ration. The quality of the soup deteriorated over time and some people considered it inedible. The caloric content of a soup ration diminished from 483 calories to 268 calories. The soup served was often made from sugar beets, tulip bulbs, and potato peels. Pet dogs and cats were sometimes eaten. https://en.wikipedia.org/wiki/Hongerwinter https://en.wikipedia.org/wiki/Hongerwinter
- hvb2 1y ago
  Way of topic but quoting the hongerwinter as a 'fun fact'.... Wow...
drcode 1y ago
Just give us a date/year/etc in which you think the value of bitcoin will go to zero If you are unable to do that, then you implicitly agree, as pretty much everyone does now, that bitcoin has an intrinsic market value that will remain over an indefinite time horizon
- specialist 1y ago
  price != value
- ASalazarMX 1y ago
  > Just give us a date/year/etc in which you think the value of bitcoin will go to zero So you can take advantage of the market? No way, only insiders are allowed to do that. I could change your question: Do you think possible that the value of bitcoin will go to zero? If yes, you implicitly agree that it's fueled by speculation and a Ponzi scheme that needs a constant influx of fresh, if boring, fiat currency.
  - drcode 1y ago
    No, I don't think bitcoin could go to zero- hardly seems like a rational opinion at this point to think it could go to zero (short of a human extinction event, or near-extinction event, or some other extremely remote abstract theoretical scenario)
    - ASalazarMX 1y ago
      How about near-zero? It has had a Damocle's sword hanging since inception, in the form of massive, unused (yet) stashes of bitcoin. It's value is in part propped by the hope of those stying unused.
specialist 1y ago
Yes and: Food. A captain, back from a long voyage, therefore oblivious to the bulb bubble, received his payment served on a plate, then proceeded to eat it. a13z's continued insistence that bits of data are in fact a "digital asset class" just slays me.
- ASalazarMX 1y ago
  To play Devil's advocate, regular finance is mostly bits as digital assets. Banks can't turn them into money without going bankrupt. A sizable chunk of the global economy is electrons and ideas. To parallel with videogames, the dominant game of capitalism has been captured by a small group of griefers using glitches and exploits to win.

Fun fact: they're edible too > In addition to the rationing system, the government provided food through soup kitchens in the cities. As the intensity of the famine increased, the reliance on soup kitchens increased. In April 1945, 1.8 million people in the cities were served daily. One pint of soup per person was the normal ration. The quality of the soup deteriorated over time and some people considered it inedible. The caloric content of a soup ration diminished from 483 calories to 268 calories. The soup served was often made from sugar beets, tulip bulbs, and potato peels. Pet dogs and cats were sometimes eaten. https://en.wikipedia.org/wiki/Hongerwinter https://en.wikipedia.org/wiki/Hongerwinter

hvb2 1y ago
Way of topic but quoting the hongerwinter as a 'fun fact'.... Wow...

drcode 1y ago

Just give us a date/year/etc in which you think the value of bitcoin will go to zero If you are unable to do that, then you implicitly agree, as pretty much everyone does now, that bitcoin has an intrinsic market value that will remain over an indefinite time horizon

specialist 1y ago
price != value
ASalazarMX 1y ago
> Just give us a date/year/etc in which you think the value of bitcoin will go to zero So you can take advantage of the market? No way, only insiders are allowed to do that. I could change your question: Do you think possible that the value of bitcoin will go to zero? If yes, you implicitly agree that it's fueled by speculation and a Ponzi scheme that needs a constant influx of fresh, if boring, fiat currency.
- drcode 1y ago
  No, I don't think bitcoin could go to zero- hardly seems like a rational opinion at this point to think it could go to zero (short of a human extinction event, or near-extinction event, or some other extremely remote abstract theoretical scenario)
  - ASalazarMX 1y ago
    How about near-zero? It has had a Damocle's sword hanging since inception, in the form of massive, unused (yet) stashes of bitcoin. It's value is in part propped by the hope of those stying unused.

specialist 1y ago

Yes and: Food. A captain, back from a long voyage, therefore oblivious to the bulb bubble, received his payment served on a plate, then proceeded to eat it. a13z's continued insistence that bits of data are in fact a "digital asset class" just slays me.

ASalazarMX 1y ago
To play Devil's advocate, regular finance is mostly bits as digital assets. Banks can't turn them into money without going bankrupt. A sizable chunk of the global economy is electrons and ideas. To parallel with videogames, the dominant game of capitalism has been captured by a small group of griefers using glitches and exploits to win.