Bitcoin isn’t a good idea. It’s based on assumptions about how the world works that don’t actually exist and, the costs for finding a solution to these assumptions are so large that they make the product bad.
I beg to partly differ.
The idea of being able to transfer digital value safely without middlemen is great and has never been available before.
The implementation is bad in the sense that it’s ecologically disastrous and economically unfit.
Bitcoin isn’t a good idea. It’s based on assumptions about how the world works that don’t actually exist and, the costs for finding a solution to these assumptions are so large that they make the product bad.
I beg to partly differ.
The idea of being able to transfer digital value safely without middlemen is great and has never been available before.
The implementation is bad in the sense that it’s ecologically disastrous and economically unfit.
It’s such a great idea that a good use case for it hasn’t been invented in over a decade.
You just think that because you don’t use it lol
For a technology sub I swear most of y’all are tech illiterate
I think Monero has use cases (besides money laundering). And Monero is basically what people who don’t understand cryptocurrency think Bitcoin is.
Buying drugs?
Yes