scottyp21

4 ms·

1. 1.▲
   by scottyp21 5y ago

   Many of these same arguments apply to gold. Do you think gold is (mostly) useless today? If yes, when did it stop becoming useful? Do you think it was always useless?
2. 2.▲
   by scottyp21 5y ago

   Curious, what other noxious problems?
3. 3.▲
   by scottyp21 5y ago

   Probably true. On another note, I see Impervious.ai in your post history. I've never been able to wrap my head around what they're building. If you're willing, I'd love if you could point me to any good learning resource
4. 4.▲
   by scottyp21 5y ago

   You are correct that bitcoin is heavily dependent on miners. That said, I don't think you can simply "take away the Bitcoin miners". An excellent example of this is China's recent ban on bitcoin mining, which quickly dro
5. 5.▲
   by scottyp21 5y ago

   I understand your concern over the lack of "intrinsic value" in the sense that it is not a productive asset generating economic value (like a business). That said, I'd really encourage you to consider that monetary value is r
6. 6.▲
   by scottyp21 5y ago

   > Nevertheless, investing in gold at the current price seems unwise, since its price is many times its "natural" price as commodity and so it is more likely to go down than up. This is a misconception and a fundamental misunder
7. 7.▲
   by scottyp21 5y ago

   Really cool. I've seen a lot of handwritten letter writing services, but most lack realistic variations. It's a pretty crowded market, but this definitely has potential as a spin-off service. Also, thanks for the A in ACCT 229!