alt Hacker NewsSpaceX is successfully building reusable rockets. BTC can process few transactions every ten or so minutes at enormous price.
I think SpaceX is definitely overpriced but saying that BTC is more sane is completely delusional.
Replies
Overpower0416 • today at 3:00 PM
BTC has the layer 2 lighting network that can process more transactions than Visa and MC combined with very cheap fees. I guess HN knowledge of Bitcoin does not go further than 2015
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vanuatu • today at 5:55 PM
dont think the value of btc comes from its utility anymore
stables are much better for transactions anyway
SpaceX the company has done and is doing amazing feats of technology.
SpaceX the stock is only in a very small part about rockets and space. In their filing they talk about their total addressable market being $28.5 trillion, of which $26.5 trillion are AI.
That means that they believe the SpaceX stock is 93% about AI.
It's open to argument whether xAI or BTC is crazier - I just wanted to say that when talking about SpaceX stock, it's not really about rockets.