Enogoloyo's comments

Enogoloyo | 2 years ago | on: Binance founder Changpeng Zhao agrees to step down, plead guilty

BTC has no finite supply.

Its domination will just change / already has.

I bought weed with BTC for years, I never cared how much it's worth I just used the current dominator value for 10g weed.

Not sure what advantage fungible should be? Even bills are fungible.

And there is no reason to assume BTC is less prone to inflation. BTC right now is not even stable enough to be deflationary or inflationary.

Enogoloyo | 2 years ago | on: Binance founder Changpeng Zhao agrees to step down, plead guilty

So you tell me someone has 88bn us dollar or real assets somewhere stored away safely?

Somehow I doubt that. That would mean someone invested this in a save and independent way with enough return to keep it inflation save and apparently has no other idea on how to invest that even more magical.

How is tether really pegged safely?

Enogoloyo | 2 years ago | on: Giant batteries drain economics of gas power plants

Germany paid 4 billion for energy dispatch in 2023.

That would be enough to buy 80000 cars with 100kWh and provide 8gWh and would be 8x more than Germans biggest water energy storage.

Did I miss something?

Sounds absolutely doable in a few years to have massive more energy storage available.

Combined with a lot more and cheaper renewable energy

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