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There are plenty of reasonable arguments out there telling you real issues with crypto which just haven't been addressed because they don't matter in scams. Al
by Fememototo 4y ago
There are plenty of reasonable arguments out there telling you real issues with crypto which just haven't been addressed because they don't matter in scams.
Alone the Bitcoin incentive to consume unlimited cheap energy.
50% attacks are really and are ignored.
I have plenty of arguments no one was answering reasonable. Instead people say stupid things like Bitcoin solves inflatiin because BTC are limited but just ignore that mBTC etc exist and it still lead to inflation or deflation as everything else.
Or all the green washing garbage people try to sell. Uhh Bitcoin can push renewable and wasted energy. No we just incentive burning gas for Bitcoin instead of thinking about how to make it economically and sustainable useful for us....
Is it dead? Nope but has it ever reached a reasonable thing? Nope it got hyped into the sky due to money scams but it's not even were it should be to be used like we currently use it.
The biggest issue for crypto is the hype
- raydiatian 4y agoI mean, if people lose faith in their central banks, it's good to know that there are alternatives out there. That is and always has been the only value proposition of crypto. That your contributions to society aren't exclusively payable in blood money of the giant country cartels. The billions of unbanked are likely to feel this the hardest. The leverage a bank can generate on them is modern slavery.