this post was submitted on 21 Sep 2023
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The thing about bonds is that presumably the entity that issues them makes computers or tractors or potato chips or insurance. Bitcoin is like the bad guys in Captain Planet: they build a factory that eats the rain forest and spits out pollution.
Yup. Never meant to say bonds didn’t represent tangible value, but definitely see how it could read that way.
That said, I’m sure you can get bonds in companies doing crypto too.