Bitcoin’s sharp decline from record highs has erased $1 trillion in market value, exposing vulnerabilities in its “store of value” narrative and raising doubts about its role as a digital safe haven amid tightening global liquidity.
The CBP - Brandon Gentile_ Bitcoin Trading Cards
https://bitcointv.com/videos/watch/5efe5236-3983-4124-b8c2-95f19a372fc4
Yes, #goldMining is a toxic disaster for our #environment and accompanied by abuses such as #childLabour. You can learn more about it from fellow #Australia'n engineer, #HassMcCook's in his pre-covid presentation at the #HoneyBadger Conference in eastern #europe.
Do resist the urge to pour scorn on people that might still use #gold and precious metals as a #storeOfValue (that cannot be #inflation'd away to fund #wars).
Prior to 2009 there was no alternative.
Dear #Australians under the influence of flipping #Rumble and #YouTube (read: 'Screw'-gle #ScrewTube),
If you and think you know what is going on in the world…
If you think gold is a good #storeOfValue, but you don't know about how the #UK has been stealing #Venezuala's gold, how gold is mined with child labour and toxic chemicals, how gold is seized, etc.
Then please do your damned homework!
> re thread management
Lookup "hellthread [mastodon,fediverse]". We've seen ppl using maybe an online viewer.
> housing
@localish Is completely right about housing being used for investment/speculation rather than housing, and that money is a driving problem.
When the so-called "#money" is not a store of value, everything else *becomes*/takes on a #StoreOfValue. Its one of the reasons we are supportive of bitcoin/monero.
What country are you in, localist?
@koherecoWatchdog @mangeurdenuage
@Ludo
Communication and more broadly nutrients for people are lubricant and fuels for an society/economy. Money is just a #StoreOfValue, a #StoreOfProofOfWork. You can use that or you can use your labour to trade. We don't strictly need money but most people find it helpful.
What bitcoin does is monetizes two things found in #nature; energy and #entropy (a physics word for #randomness).
#whatIsBitcoin #howDoesBitcoinWork
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