Of the myriad pundits proclaiming what bitcoin is or isn’t, Blume offers a more clear-eyed framing that, he argues, will outlast the others. Those looking for fresh narratives around bitcoin are getting so desperate that they’re bordering on lunacy. One popular crypto account on X recently suggested that gold will be displaced by bitcoin because we are going to build data centers on the moon, which will then enable us to, I guess, mine gold on asteroids, or something like that. Sarcastic or not…
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