Comments on: Hedge Fund Betting Big That Bitcoin Mining Won’t Exist In Five Years… https://bombthrower.com/betting-big-that-bitcoin-mining-wont-exist-in-five-years/ Blowing up the Clown World. Sun, 09 Jun 2024 21:11:25 +0000 hourly 1 https://wordpress.org/?v=7.0.3 By: Doly Garcia https://bombthrower.com/betting-big-that-bitcoin-mining-wont-exist-in-five-years/#comment-182237 Sun, 09 Jun 2024 21:11:25 +0000 https://bombthrower.com/?p=9855#comment-182237 And why would it be bitcoin miners and not crowdfunding platforms? After all, if traditional banking is toast, crowdfunding is an alternative that is far easier to understand, and therefore trust, than bitcoin. As for the currency being crowdfunded, any commodities should do, if people want something decentralized and independent of governments. And if they are still comfortable with some fiat currencies, crowdfunding platforms would have no trouble having both.

It's true that commodities don't solve your issue if there is a liquidity crunch, but then, bitcoin has pretty much the same problem, doesn't it?

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