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20 sats \ 1 reply \ @sb 24 Jul 2022 \ on: More invested in nuclear fusion in last 12 months than past decade bitcoin
“If you base money on energy, and then we discover a new and cheap source of energy, your money will suddenly have lost value compared to other things you might want to buy”
- Hal Finney, on why we need a difficulty adjustment in Bitcoin :)
and this is exactly why all of the talk of "physical commodity money" (oil, copper, gold, etc is ridiculous)
one asteroid or massive gold deposit is all that that stands between stable supply and massive dilution
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