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31 sats \ 2 replies \ @denlillaapan 23 Sep \ parent \ on: Remember when bitcoin was killing the planet? AI news bitcoin_Mining

green interests were always just (rationally so, per a DCF analysis) a low interest-rate phenomenon #1355954

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107 sats \ 1 reply \ @SimpleStacker 23 Sep

that makes total sense

i wonder if that blows their mind.... the future of the earth becomes a less valuable investment in present value terms when interest rates are high :)

Oooh man maybe this is why people hate economists

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52 sats \ 0 replies \ @denlillaapan 23 Sep
i wonder if that blows their mind.... the future of the earth becomes a less valuable investment in present value terms when interest rates are high :)

they're usually not economically literate enough to even grasp the point. Oh well

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