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krogoth@infosec.pub

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

submitted 3 months ago by lemmydev2@infosec.pub [B] 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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[–] RamenJunkie@midwest.social 1 point 3 months ago (1 child)

For what? For 0 what?

Ohbright, you have to measure it in dollars, because it has no value on its own, you have to turn it into real money to use it.

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[–] musicalphysics@discuss.online 0 points 3 months ago

Dollars and every other fiat currency have no intrinsic value. Bitcoin provably takes energy and work to create. Bitcoin can be sent to anyone in the world without spending any fiat. Would you like to try an argument based in reality?

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