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What’s wrong with Bitcoin?
by ekam 6y ago
What’s wrong with Bitcoin?
- silexia 6y agoIf legislation came against it, it would have it's value damaged. No one seems to use it for actual transactions. It uses enormous amounts of electricity.
- HexagonalKitten 6y agoAnd a vast majority of BTC is owned by the Bitfinex criminals who created Tether. You can't win against the bank and in this case the bank is the Ponzi schemers themselves.
- moralsupply 6y ago> It uses enormous amounts of electricity. Consider that the "proof of work" of fiat currencies is taxation + inflation (which wipes 1/2 of all your productivity), and you'll quickly realize that Bitcoin's PoW is considerably more efficient. Also, Gold, Silver and other precious metals are more expensive to mine than Bitcoin, when measured on a store of value basis.