Post
Topic
Board Economics
Re: Bitcoin doesn't care about Tesla and Amazon
by
dezoel
on 09/08/2021, 18:19:28 UTC
Bitcoin itself may not, but the people who hold bitcoin or will buy bitcoin do care about them. Bitcoin itself is just a product, like paper money for example, it doesn't matter what it thinks because it is an inanimate object, what matters is how people use it.

For example for decades now, maybe over a century who knows but certainly in today's day and age of technology we all KNOW the fact that every human on earth could live a decent life, we have enough resources to provide shelter and food and clothes for everyone, sure rich could buy yacths and mansions and expensive stuff, but at the bare minimum we can provide food and shelter for everyone. What do we have instead? Poverty, wars, sickness and trouble, why? Because some people want more than what they can spend in 100000 lifetimes.

Crypto is no different to that problem, and that is why Tesla or Amazon doing something about bitcoin matters the most, because it is not about what bitcoin is but about what you do with it.