Win / GreatAwakening
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Reason: None provided.

People think BTC is private, scarce, and clever. It's public, the amount mined can change whenever "consensus" says it can, and it's no more clever than PGP + a ledger, replicated. It's backed by ignorance, it's USPs are not really USPs in a ground breaking way and something like gold backed dollars that can be insta-sent via XRP would be better.

BTC mining takes a colossal amount of energy, there's whole industries behind making things that can mine it better to consume more energy for the pretense of a digital equivalent of gold, the whole thing is so stupid you have to be an upper midwit to buy into it, I say this as someone who used BTC frequently.

3 years ago
1 score
Reason: Original

People think BTC is private, scarce, and clever. It's public, the amount mined can change whenever "consensus" says it can, and it's no more clever than PGP + a ledger. It's backed by ignorance, it's USPs are not really USPs in a ground breaking way and something like gold backed dollars that can be insta-sent via XRP would be better.

BTC mining takes a colossal amount of energy, there's whole industries behind making things that can mine it better to consume more energy for the pretense of a digital equivalent of gold, the whole thing is so stupid you have to be an upper midwit to buy into it, I say this as someone who used BTC frequently.

3 years ago
1 score