Uhhh dude bitcoin is being promoted by all the bad guys. [Jack], goldman, jp morgan.

It's not backed by any asset, it is functionally centralized under miners, the transcation rate is so low that institutions will release "bitcoin-backed" currencies where are functionally no different than the digital money we have now.

The cyrptos that will be stable and useful long term are going to have to be backed by something in the real world. Energy, computing power, transportation. The 5000 currencies that were spoken into existence from thin air or from solving puzzles are by definition fiat.

https://medium.com/h-o-l-o/building-responsible-cryptocurrencies-d45d7d2173ed

Bitcoin is literally the establishment's controlled opp attempt to retain some form of control.

Uhhh dude bitcoin is being promoted by all the bad guys. [Jack], goldman, jp morgan. It's not backed by any asset, it is functionally centralized under miners, the transcation rate is so low that institutions will release "bitcoin-backed" currencies where are functionally no different than the digital money we have now.

Bitcoin is literally the establishment's controlled opp attempt to retain some form of control.