Someone just burned $8 million of bitcoin (protos.com)

submitted 2 days ago by lemmydev2@infosec.pub to c/pulse_of_truth@infosec.pub

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More than 107 BTC are now provably burned from the supply until someone invents a cryptographically relevant quantum computer. The post Someone just burned $8 million of bitcoin appeared first on Protos.

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[-] prole@lemmy.blahaj.zone 5 points 1 day ago

That's true for literally everything

[-] rafoix@lemmy.zip 2 points 1 day ago

Bitcoin only has that value.

Everything else has actual value without the obvious drawback of wasting massive amounts of electricity to make a number that means nothing.

If bitcoin had real value it wouldn’t need a bunch of sad dudes to defend it online. No other type of investment needs that to stay relevant and valuable.

this post was submitted on 26 May 2026

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