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

submitted 1 week 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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[–] musicalphysics@discuss.online 1 points 6 days ago (1 children)

That isn’t the objective reality. You may not think Bitcoin has value but the chances of you getting a full bitcoin for $0 are effectively zero.

[–] RamenJunkie@midwest.social 1 points 6 days ago (1 children)

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.

[–] musicalphysics@discuss.online 1 points 5 days 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?