@dotkrueger if you price silver using discounted cash flows based on its expected future returns of electricity, it comes to $2000 per ounce. On the other hand, Bitcoin is energy hog. Money, by definition, is stored energy and bitcoin fails this defintion by every context.
@dotkrueger bitcoin miners are going bust one after the other. the bitcoin minng scam is on the verge of total collapse. when oil gets to $200 bitcoin network becomes worthless and unprotected. bitcoin is not stored energy like silver.
@dotkrueger cut rates with oil heading to $200 so bitcoin can rise? Nope, it won't work like that. Oil at $200 will trigger the biggest deflationary cycle humanity has faced. 150 trillion dollars in debt will go bust and the biggest shortage wil be the US$. all hard assets will crash.
@dotkrueger@dotkrueger Zcash has all the properties of bitcoin plus it can't be blacklisted like Bitcoin. It has been a much better performer than Bitcoin in the last few years.