| ▲ | tgrowazay 8 hours ago | |
One may think it is about quantum computers reversing the keys or something like that, but no. This piece predicts that BTC will go to zero because it is held my MicroStrategy and is not a good hedge against stock market. | ||
| ▲ | jfengel 8 hours ago | parent [-] | |
The other key piece is AI, which is where the money is going instead. It is newer, so people can hope they're getting in closer to the ground floor. And unlike Bitcoin, it is producing something. Maybe not what people hope, but it's more than just a "store of value". Once the speculation money starts to leave, the supply of greater fools will have run out. There will be literally nobody willing to buy it. | ||