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by vba616
1595 days ago
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>$500 million on Bitcoin or, say, gold bars In both of those cases, wouldn't the creation of those assets require burning $500M in real stuff? Gold as well as Bitcoin costs what it costs because of the expense of mining, which is real peoples' lives, materials, and fuel burned. If Bezos kept his $500M in Amazon stock or cash or something, then it would be just numbers and not waste. |
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