this post was submitted on 24 Mar 2021
7 points (68.4% liked)

Technology

35541 readers
719 users here now

This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.


Ask in DM before posting product reviews or ads. All such posts otherwise are subject to removal.


Rules:

1: All Lemmy rules apply

2: Do not post low effort posts

3: NEVER post naziped*gore stuff

4: Always post article URLs or their archived version URLs as sources, NOT screenshots. Help the blind users.

5: personal rants of Big Tech CEOs like Elon Musk are unwelcome (does not include posts about their companies affecting wide range of people)

6: no advertisement posts unless verified as legitimate and non-exploitative/non-consumerist

7: crypto related posts, unless essential, are disallowed

founded 5 years ago
MODERATORS
top 4 comments
sorted by: hot top controversial new old
[–] [email protected] 4 points 3 years ago (3 children)

I genuinely want to know who wants to buy a vehicle with Bitcoin. It sounds to me like buying a car with gold or silver. Sure, you can if the other party accepts the payment, but why would you want to pay with something that will keep its value better than the object you're buying?

[–] [email protected] 5 points 3 years ago

but why would you want to pay with something that will keep its value better than the object you’re buying?

Cars depreciate in value relative to normal money too but people still buy cars.

[–] [email protected] 5 points 3 years ago

It's more like someone selling their Apple stock to buy a Lambo.

Sure they could keep their Apple stock and (probably unless the stock drops) buy two Lambos later. But they also want a Lambo.

Same deal here. Sure maybe in a year they'd be able to get two Teslas. But also maybe in a year bitcoin will be worthless.

[–] [email protected] 2 points 3 years ago

A currency only has value if it is used