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I keep saying the same exact thing. I never bought into, but wasn’t this one of the main “selling points” of bitcoin?

• bombcar 4y ago
  This was the story quite awhile ago, when it was uncorrelated (basically, because it was unknown). Just like "instant payments" and "non-inflationary" those have sailed. "Store of value" is looking a little weak. "Transfer funds to Russia" is holding out ok.
• api 4y ago
  It failed as digital cash (outside of some very limited niches), so they moved the goal post to "store of value." It's failed at that, and at being "digital gold" or an inflation hedge. It has also failed as a medium for digital assets now that the NFT craze is showing itself to be hollow and is collapsing. It's failed as a medium for decentralized organizations (DAOs) since they've all either been hacked to death or revealed to not actually be decentralized. Where do they find a new well of hype now? I still believe that the concept of decentralized cryptocurrency is technically viable, but the entire current cryptocurrency ecosystem would probably have to be burned to the ground for anything honest and well built and not structurally a hyperdeflationary decentralized Ponzi/pyramid scheme to get traction.
• lottin 4y ago
  The keep coming up with new pitches as old ones get debunked.