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> Every single thing in your post makes zero sense Not true. Most of the post makes sense. Trustlessness and decentralization are pretty much the only benefits
by imcoconut 9y ago
> Every single thing in your post makes zero sense
Not true. Most of the post makes sense. Trustlessness and decentralization are pretty much the only benefits to bitcoin and others like it. There are obviously real costs for these features, but also real benefits. Do the benefits justify the current valuations - only the market can determine that. I personally am quite bearish on almost all cryptoassets (so I would not be considered a "pumper"), but certainly you must see the threat they pose to the incumbent masters of the monetary system?