reply on: How would you hedge inflation WITHOUT Bitcoin? \ stacker news ~bitcoin

21 sats \ 8 replies \ @Public_N_M_E 19 Aug 2023 \ on: How would you hedge inflation WITHOUT Bitcoin? bitcoin

Buy digital mining stocks 😜 that's gotta be the loophole right? So long as those Muppets keep mining and holding bitcoin I think they're a decent bet to succeed.

0 sats \ 7 replies \ @birdeye21 OP 19 Aug 2023

Those stocks don’t exist if BTC doesn’t

21 sats \ 6 replies \ @Public_N_M_E 19 Aug 2023

If it wasn't bitcoin. Something would have filled that void. Bitcoin was/is inevitable <thanos.gif> besides they do mine more than just BTC. But I get your point, without BTC we wouldn't have all the others... Probably... Maybe. I still kinda think something would have filled the space BTC now occupies.

0 sats \ 5 replies \ @birdeye21 OP 19 Aug 2023

I see where you’re coming from too, that could be a good option in that scenario

21 sats \ 4 replies \ @Public_N_M_E 19 Aug 2023

But... To try and answer your question without looking for loopholes. Maybe hydrogen vehicles/infrastructure. Most of its already there. The current gasoline system/pumps could be converted to take hydrogen fairly effectively I think. Techs still in its infancy, but it could be a legit route. Especially if fusion becomes a reality, it's "waste" product is hydrogen... Sooo... Waste product becomes fuel for the transport industry.

21 sats \ 3 replies \ @birdeye21 OP 19 Aug 2023

Def a better alternative to EVs imo, and a better alternative if “carbon footprint” is what society is choosing to be scared of lol

42 sats \ 2 replies \ @Public_N_M_E 19 Aug 2023

Carbon footprint is such a radicalised idea. The carbon footprint of an avocado is gigantic... Yet everyone and their mum is chowing down on avocado and toast. What about the Columbian coffee drunk in Europe? If you want to offset your carbon footprint. Eat local, get your local veg from a local veg market (or grow it yourself) eat local meat from your local farmers. It's not complicated it's just plain common sense. But nah we'd rather scream "carbon footprint" at everyone else like some kinda virtue signalling calling card instead of look inwards about how we can individually change our habits.

Sorry went off on a little rant there. Yeah I agree, better alternative to EVs for sure. I don't want to wait 15-30mins to charge my vehicle if I can fill it with gas (pun intended) hydrogen in like 3minutes and be back on my way.