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And how does any of that mean "Bitcoin is fundamentally broken" This is what you get if you want a decentralized currency. Full stop. There is no alternative c
by behringer 7y ago
And how does any of that mean "Bitcoin is fundamentally broken"
This is what you get if you want a decentralized currency. Full stop. There is no alternative currently designed or available.
- arcticbull 7y agoFinally, we agree. A PoW coin has the same economic impact as a 48% rate of inflation. If that’s what we have to pay to “decentralize” our currency it’s time to stop trying to do that. The burden is not on the incumbent to prove why it’s better, it’s on the new guy. That’s what we’ve learned from this decade long experiment: it’s just not worth it. Time to put this idea to bed and pursue something worthwhile.