3 ms·
BTC hasn't been seen as a viable global currency for about a decade. That's why it was pivoted to be a 'store of value'. It's utterly unsuited to the task. Far
by mandmandam 1y ago
BTC hasn't been seen as a viable global currency for about a decade. That's why it was pivoted to be a 'store of value'.
It's utterly unsuited to the task. Far too slow, vulnerable to quantum computing, concentrated and tending toward even further concentration, and with utterly useless environmental impacts. At it's core its a cool concept, but cannot be upgraded to match what's currently out there. It's whale oil in a world of fusion power.
Fee-less, mining-less, spam resistant, quantum resistant, decentralized and near instant technology exists, right now, and has proven itself over the last ~9 years. It's wild that people think the first-mover advantage extends so far as to accept something so vastly inferior.