Asklemmy

43891 readers

724 users here now

A loosely moderated place to ask open-ended questions

Search asklemmy 🔍

If your post meets the following criteria, it's welcome here!

Open-ended question
Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
Not ad nauseam inducing: please make sure it is a question that would be new to most members
An actual topic of discussion

Looking for support?

Looking for a community?

Lemmyverse: community search
sub.rehab: maps old subreddits to fediverse options, marks official as such
[email protected]: a community for finding communities

~Icon~ ~by~ ~@Double_[email protected]~

founded 5 years ago

MODERATORS

[email protected]

209

You have 15$. How would you spend it so that you'll be the happiest you can be for 15$ ? (lemm.ee)

submitted 5 months ago* (last edited 5 months ago) by [email protected] to c/[email protected]

282 comments fedilink hide all child comments

And yes you have to spend it all

Edit: There are a lot of little good things in these answers that I often ignore. Thanks everyone.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 2 points 5 months ago* (last edited 5 months ago) (2 children)

Downvote me all you want but I'd buy $15 of Bitcoin then wait a few years. So far I have been immensely happy with every single one of my BTC purchases and I don't think that's going to change any time soon. Whatever amount I buy now will be the same % of the total supply (21 million coins) in 5 or 10 years time which is more than I can say about pretty much anything else.

[–] [email protected] 6 points 5 months ago (1 children)

Bitcoin isn’t destined to go up because supply is theoretically set. Demand could easily disappear and there could be a massive sell-off that puts more supply out there. It’s easy to imagine BTC mining being banned in a major country because it’s incompatible with carbon emission goals, raises electricity bills, puts pressure of electricity grids, facilitates money laundering, or any number of things. That would trigger a sell-off and unless some whale is capable of being the unofficial central bank, there’s nothing to stop it.

[–] [email protected] 3 points 5 months ago

I got scared and sold lol :(