• FuglyDuck@lemmy.world
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    1 year ago

    Well? Maybe not tomorrow… good news always comes out on Mondays….

    (/s. But you do have to admit the world has gotten increasingly volatile.)

    BTC is a poor currency, and it’s merely a store of value. It’s like a different kind of FOREX, more than anything else. It’s price compared to fiat is only set by what people are willing to pay fiat for it.

    Sure, you can mine crypto all you want, but it has no value until it’s sold. Until it’s sold, it just represents wasted energy.