Asklemmy

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You have 15$. How would you spend it so that you'll be the happiest you can be for 15$ ? (lemm.ee)

submitted 6 months ago* (last edited 6 months ago) by [email protected] to c/[email protected]

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And yes you have to spend it all

Edit: There are a lot of little good things in these answers that I often ignore. Thanks everyone.

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[–] [email protected] 6 points 6 months ago (1 children)

Bitcoin isn’t destined to go up because supply is theoretically set. Demand could easily disappear and there could be a massive sell-off that puts more supply out there. It’s easy to imagine BTC mining being banned in a major country because it’s incompatible with carbon emission goals, raises electricity bills, puts pressure of electricity grids, facilitates money laundering, or any number of things. That would trigger a sell-off and unless some whale is capable of being the unofficial central bank, there’s nothing to stop it.