• 83 Posts
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Joined 9 months ago
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Cake day: August 12th, 2024

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  • This is the best part

    Bitcoin is different in the sense that there’s nothing underneath at all. There’s no way in which it’s generating and throwing off cash over time, and there’s literally nothing there.

    It’s like a lottery ticket. Even something like gold, which is a really speculative asset in the same way—gold itself does have, like, industrial uses. There are things you can do with gold. You know, there’s really almost nothing like it. You know, even Beanie Babies or tulip bulbs, right? You have the Beanie Baby. You have the tulip bulb.

    Here, it’s, like, nothing. It’s a bunch of numbers. That’s it.