this post was submitted on 06 Mar 2026
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[–] TranscendentalEmpire@lemmy.today 6 points 23 hours ago

Yeah.... It's kinda the entire problem with Bitcoin as a concept. It's the bastard child of a commodity and currency, featuring the worst aspects of both its parents.

It's a commodity with no inherent value, and a currency with no guaranteeing partner or oversight. Tbh the only real values it can express are all highly detrimental towards society at large.