This, this is a scam: https://fred.stlouisfed.org/series/M1SL Notice the 5x supp...

		chrisco255 on May 30, 2021 \| parent \| context \| favorite \| on: It's time for us in the tech world to speak out ab... This, this is a scam: https://fred.stlouisfed.org/series/M1SL Notice the 5x supply increase without a corresponding 5x in economic efficiency. Bitcoin is what it is. It's worth what people think it's worth. Just like gold. Gold has minimal practical use in real life but it was used as a type of money off and on for 5000 years.

All money is worth what people think it's worth. Next question.