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True? No clue, but not something that sounds sustainable -- (link)

Posted by TWuG Jan 3 '21, 10:56

(No message)

https://twitter.com/alexmd2/status/1345756375293571074?s=19 (twitter.com)

Responses:

did that NFL player get his bitcoin already? or later? cause later would suuuuuuck -- nm - Beaker Jan 3, 12:53
the Bitcoin HODLs have yet to explain what happens when every tries to convert their coins into goods and services - Reagen Jan 3, 11:06 13
- "Trading scrip back and forth" is what happens today with USD and is the best case scenario for bitcoin -- nm - rollo Jan 3, 12:17 5
  - Fiat money is at least backed by the existence of governments, even if that isn't perfect. Crypto is backed by... the faith of people who hold crypto - Reagen Jan 3, 12:34 4
    - If civilization crumbles, 1,000 years later we find caches of gold coins, wads of paper money, what happens to flash drives? -- nm - zeitgeist Jan 3, 12:49
    - at the end of the day both forms are clapping for tinkerbell to fly or whatever. That said, your IM is very intriguing. Vast rigs of solar powered - rollo Jan 3, 12:43 2
      - The other thing that would knock it back to Earth is higher tax rates or a wealth tax - Reagen Jan 3, 12:51 1
        
        I stand by my Beanie Babies comment on the BBs. -- nm - TWuG Jan 3, 12:54
- It's a Wonderful Digital Life -- nm - Max Jan 3, 12:10
- ))<>(( -- nm - Qale Jan 3, 11:41
- The money is there, provided no one actually tries to go looking for it. -- nm* - znufrii, stimulated Jan 3, 11:39
- Cryptocurrency is one of the biggest scams and worst ideas of my lifetime. The technology is great and useful, but the creation of the currency is - pmb Jan 3, 11:36 2
  - Og, grog, and Nog, sitting around the cave fire thought the same about those lumps of gold in exchange for the cow and two daughters -- nm - zeitgeist Jan 3, 12:42
  - He is working on it -- nm - Pippy - Jan 3, 12:03
- Well, it's on Paypal now. So, that issue's resolved. -- nm - David Jan 3, 11:29
If you invested a penny you would have $100? We should try that. -- nm - Spawn Jan 3, 11:02

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