ST Alpha - "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" (Reading a Post)

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In response to "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" by Reagen

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

Posted by rollo Jan 3 '21, 12:43

mining capability on one side... scarce/finite resource on the other side. So if renewables makes bitcoin "cheaper" to generate does it not also make it scarcer a the same time? Not in perfect balance, but perhaps an offset of sorts.

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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

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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

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