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0 pointss1gnp0st3y ago0 comments

Silicon Valley tech-bros know that the money-printer drives the malinvestment bubbles that feed them. They're natural enemies of a decentralized, deflationary currency.

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imtringued3y ago

Ah yes, cryptocurrency the harbinger of good investment opportunities.

The vast majority of cryptocurrencies are undeniably "malinvestments".

lottin3y ago

Bitcoin is neither deflationary nor a currency.

sMarsIntruder3y ago

Here’s the arguments-less old schooler. Edit: bank worker I see, now makes more sense. Sorry man.

lottin3y ago

Where? An asset that loses 70% of its value in a week is hyperinflationary. This is literally what hyperinflation means.

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imtringued3y ago

Ah yes, cryptocurrency the harbinger of good investment opportunities.

The vast majority of cryptocurrencies are undeniably "malinvestments".

lottin3y ago

Bitcoin is neither deflationary nor a currency.

sMarsIntruder3y ago

Here’s the arguments-less old schooler. Edit: bank worker I see, now makes more sense. Sorry man.

lottin3y ago

Where? An asset that loses 70% of its value in a week is hyperinflationary. This is literally what hyperinflation means.

j / k navigate · click thread line to collapse