"So in the global financial turmoil, Bitcoin is not doing so hot. Bitcoin is valuable because dollars (or yen, or euro, or whatever) are valuable, and insofar as it is a financial asset that lets you get more dollars, Bitcoin is useful. Now, it’s clearer than ever that it’s not useful for much else."
Gotta love when people who aren't educated in a subject offer their opinion as if a subject matter expert.
https://www.theverge.com/cryptocurrency/644749/bitcoin-tariff-fall-pricing
Luxas
npub16j…733sv
2025-04-08 06:46:54
Author Public Key
npub16jdfqgazrkapk0yrqm9rdxlnys7ck39c7zmdzxtxqlmmpxg04r0sd733svPublished at
2025-04-08 06:46:54Event JSON
{
"id": "7e113983f1e22df5103718dac1a52ef61f87abdc84354e769487c5e1edc5584a",
"pubkey": "d49a9023a21dba1b3c8306ca369bf3243d8b44b8f0b6d1196607f7b0990fa8df",
"created_at": 1744094814,
"kind": 1,
"tags": [],
"content": "\"So in the global financial turmoil, Bitcoin is not doing so hot. Bitcoin is valuable because dollars (or yen, or euro, or whatever) are valuable, and insofar as it is a financial asset that lets you get more dollars, Bitcoin is useful. Now, it’s clearer than ever that it’s not useful for much else.\"\n\nGotta love when people who aren't educated in a subject offer their opinion as if a subject matter expert.\n\nhttps://www.theverge.com/cryptocurrency/644749/bitcoin-tariff-fall-pricing",
"sig": "2323e7da70fb76ba93a1efdbc3fdabcda3ff68a9350d0c4b62dd0f88b17a5875d1ece65d25fe134d8124e3f350dcdad55749d0f0d3613742a14ed0c1603cd1d5"
}