Kevin Russell on Nostr: "Bitcoins" are diverted investments. Giant bulky bundles of bullion, huge stacks of ...

"Bitcoins" are diverted investments. Giant bulky bundles of bullion, huge stacks of cash, lets call it profit or pay, could be invested making new stuff, like air cleaners or apple pies.

None of those pallets of dollar bills is being invested into making, repairing, fixing, uplifting, feeding.

What if this massive FAKE "investment"was instead making homes? Better cars? Medical advances? Removing lead from water systems?

The opportunity Cost of crypto is our survival.

https://en.wikipedia.org/wiki/Opportunity_cost