We’ve known bitcoin was dropping for a while, but the nails are really going in the coffin now. It costs $5,000 to make a bitcoin. But bitcoin is now only selling for $6,000. If this pattern keeps up, it’ll soon cost more to make bitcoin than bitcoins are actually worth, meaning nobody will bother making them anymore.
Bitcoin is a colossal waste of energy that will soon be no more. Good riddance.
Eulogy made by Ilana Strauss
Disclaimer
Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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