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Same place the money goes when a stock goes to $0-10, disappears. Stocks, commodities, crypto all operate the same - you essentially hold a ticket for X at X price, if price goes to 0 or low you’re left with an expensive piece of paper saying what you own.
I still believe BTC will likely die a slow death, it can’t operate in any capacity as a trusted financial instrument. It’s volatility means it’s not suited for backing the fed, it’s anonymity works great for money laundering/drugs/organised crime, it’s only selling point is washing money. It was created as an instrument away from traditional banking institutions yet banks and hedge funds are now onboard using it to generate profit. I think FOMO is a massive part of price drive along with the ‘scarcity’ angle - but the idea that it could back government currency is insane, you don’t know how many people in the world own X of bitcoin, some long term holder could sell and cause a run on the price, and the governments lost million/billions.
MSTR is even weirder- buying it through coinbase, seems his only angle is using interest free money to buy up as much bitcoin as possible, in the hope to corner the market and drive price higher?
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Trek is very cool
Interested in wheels, front in particular in you’d split? -
Interesting, although from the looks the tubes are quite narrow, I’d hazard a guess at 25.4/1” so I don’t think it’s that practical to re-use them as a replacement frame is likely to have at least 28.6 tubes
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Situations do change
Does that justify spray painting a potentially damaged frame and passing it off with a clean bill of health under ignorance on eBay?
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If on the off chance someone got a deal in the wiggle closing down sale and is hoarding or has some lightly used Doyenne disc wheels (30-50mm) depth, I’d like some :-)
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Looking for one of those red Trek 520 discs - ideally 54cm frame or complete bike
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question for those in the know
A friend of mine has a frame he’s written off with some S&S couplers, can the tubes be cut to rescue and re-use them?
Amateur question
If I wanted to replace my fork crown for a specific lugset is it more work / expensive to cannibalise my existing fork as opposed to getting one built from scratch?