CYBERTRUCK :soypoint-1: :soypoint-2: Definitely a thing that exists
Almost like a deflationary currency incentivizes hoarding.
CYBERTRUCK :soypoint-1: :soypoint-2: Definitely a thing that exists
Almost like a deflationary currency incentivizes hoarding.
I had like half a bitcoin back in the day and lost it. It's easy to think "If I'd mined then I'd be a billionaire now!" but I guarantee you that 99% of people who even had a bunch of bitcoins sold them as soon as they were worth like twenty dollars because that would've looked like the peak at the time.
I just remember that, especially early on, getting your hands on an actual Bitcoin was obnoxious af. There were no reputable clearing houses. Mining was a pain in the ass and something of a crap-shoot, especially once bigger miners started entering the scene. All the bitcoin banks were pure scam. Wallets were full of scams. People were literally going into back alleys to trade these things.
The whole system sucked.