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It only solves one problem, proof of work (or now I guess proof of stake). It doesn't solve the political issue(s), for this reason most everything going on is
by smaudet 5y ago
It only solves one problem, proof of work (or now I guess proof of stake).
It doesn't solve the political issue(s), for this reason most everything going on is harmful nonsense...
It could have been a part of a larger puzzle, but it's not and the people (seriously) involved with it are mostly scumbags and scammers, by the sound of it.
The legit businesses were a start but it never became a true payment contender, meanwhile those in power ran interference with competing payment systems (think apple or google pay, absolute nonsense I absolutely do not want) or propoganda "yeah this is illegal and fake and all worth nothing", which just hurt adoption.
Sounds like there is hope with Ethereum for it to actually be useful but Bitcoin is just a speculation heatsink at present. "In the future" it might work but there is a likely chance it will be gone in the future...