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'Bitcoin is dead' I've heard it said during ~6 different epochs since I first mined a block in 2009. We'll see how it goes.
by AustinDev 4y ago
'Bitcoin is dead' I've heard it said during ~6 different epochs since I first mined a block in 2009. We'll see how it goes.
- ramphastidae 4y agoYou have been fooled by 0% interest rates.
- fbrncci 4y agoThere have been countless of technological achievements since 2008/2009, which have seen mass user adoption, to the point where we have apps and devices which we can't think without. Yet, Bitcoin with so much promises, in the same time (~6 epochs), has yet to achieve any sort of consumer adoption (in 14 years!). I'm hardly willing to call Bitcoin alive.
- smackeyacky 4y agoI don't think you would call it dead, just a failure at the original objectives. Its the greatest and most successful rube farming exercise in history, which is...not nothing.
- rchaud 4y agoAt this point it's similar to that wall mural that reads "God is dead - Nietsczhe" "Nietschze is dead - God" The first line would be written by those that entered crypto having believed its promises of financial salvation, but ended up losing a lot of money. As far as they're personally concerned, crypto is dead. The second would be written by those who have already bestowed supernatural qualities upon Bitcoin, and thus no longer concern themselves about its relationship to earthly reality, i.e. its price in dollars. The focus is now about more abstract concepts that don't easily translate to hard cash.