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.
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.