It’s great that the idea got implemented in ways that don’t have the ecological footprint Bitcoin has!
I’m glad Bitcoin brought this idea to life. But it’s about time for Bitcoin to resign.
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 great that the idea got implemented in ways that don’t have the ecological footprint Bitcoin has!
I’m glad Bitcoin brought this idea to life. But it’s about time for Bitcoin to resign.
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