Damus
Trey Walsh  profile picture
Trey Walsh
@trey
Gold and silver ripping make important goods cost more (especially tech and industrial)

When Bitcoin rips….goods don’t cost more. It’s an excellent money/store of value. The “no intrinsic value” is exactly the point.
3
Globe99 · 7w
It'll presumably affect costs of data centers, ASICs etc as those will get bid up to support mining... Nothing exists in a vacuum