Understand the implications of Bitcoin's downfall in El Salvador. Learn about the failed economic bet and its impact on the country's financial stability.
Yeah, and Zelle, Cashapp, venmo, PayPal all do the same and don’t have that environmental impact you so easily dismissed.
It’s been great watching Bitcoin grow from this digital currency for buying drugs online to having all these layers added on to almost sort of make it comparable to the systems we already have. By the time you guys actually make something that isn’t just stocks with no backing but faith, we’ll have moved on to a post-money society(probably not but I have more faith in that than blockchain ever being a useful currency.
The fact that one anonymous person could create a solution that “almost sort of make(s) it comparable to the systems we already have” is fucking amazing since all of humanity worked for like 70 years since the invention of the computer to create those systems.
Remind me again where Bitcoin is actually used vs actual databases. It didn’t solve anything and did it in an energy hungry way. It’s not “almost sort of comparable”. All of the scams that immediately came about because it doesn’t have the numerous regulations regular financial instruments have is proof. For the last decade Bitcoin has been struggling to reach parity with financial regulations. Ffs, the US PRESIDENT JUST PULLED A RUG PULL.
You’re the one who said it was “almost sort of comparable” to the systems we already have, I was literally quoting you. Then you disagree with yourself? Argue with yourself then, you don’t need me.
No, originally I said “Bitcoin is great if you don’t use the blockchain”, mocking the lightning networks existence because blockchain on its own is terrible for transactions. I never said they were almost comparable. They’re not. One is a database that’s been proven to work for all kinds of things, and the other is a techbros fantasy that wastes energy and is basically just tech stocks at this point.
This is what you wrote, I was literally quoting you. I didn’t even summarize what you said, I just copied and pasted it:
“It’s been great watching Bitcoin grow from this digital currency for buying drugs online to having all these layers added on to almost sort of make it comparable to the systems we already have.”
Yeah, and Zelle, Cashapp, venmo, PayPal all do the same and don’t have that environmental impact you so easily dismissed.
It’s been great watching Bitcoin grow from this digital currency for buying drugs online to having all these layers added on to almost sort of make it comparable to the systems we already have. By the time you guys actually make something that isn’t just stocks with no backing but faith, we’ll have moved on to a post-money society(probably not but I have more faith in that than blockchain ever being a useful currency.
The fact that one anonymous person could create a solution that “almost sort of make(s) it comparable to the systems we already have” is fucking amazing since all of humanity worked for like 70 years since the invention of the computer to create those systems.
Remind me again where Bitcoin is actually used vs actual databases. It didn’t solve anything and did it in an energy hungry way. It’s not “almost sort of comparable”. All of the scams that immediately came about because it doesn’t have the numerous regulations regular financial instruments have is proof. For the last decade Bitcoin has been struggling to reach parity with financial regulations. Ffs, the US PRESIDENT JUST PULLED A RUG PULL.
Blockchain is just digital speculation.
You’re the one who said it was “almost sort of comparable” to the systems we already have, I was literally quoting you. Then you disagree with yourself? Argue with yourself then, you don’t need me.
No, originally I said “Bitcoin is great if you don’t use the blockchain”, mocking the lightning networks existence because blockchain on its own is terrible for transactions. I never said they were almost comparable. They’re not. One is a database that’s been proven to work for all kinds of things, and the other is a techbros fantasy that wastes energy and is basically just tech stocks at this point.
Keep up.
This is what you wrote, I was literally quoting you. I didn’t even summarize what you said, I just copied and pasted it:
“It’s been great watching Bitcoin grow from this digital currency for buying drugs online to having all these layers added on to almost sort of make it comparable to the systems we already have.”