Thanks for your view.

From that perspective: Bitcoin is a shitcoin. Here are the reasons:

1. SSD prohibitive: bitcoin raw: close to 600Tb and exponentially growing.
2. Syncing first time takes an awful amount of time
3. Avg mining difficulty in not even 4 years from 17T tot 85T makes it cost intensive.
4. Hence, co-opted by just a couple of miners, 2 have 52% of the capacity, defeating the purpose of the coin.
5. It is expensive in execution.
6. It is slow in execution.
7. It is totally open.
8. It is co-opted by the system. Wait till the full force of paper shit bears down on it. See Gold/Silver. 68 billion volume = 15 billion in derivatives.
9. Exchanges are fucking you whenever they can: AML + ATF, KYC, and what not.
10. It is a speculative volatile asset with 1 use case: get shafted.
11. Added on services to achieve privacy make it complex and expensive.

However, there is tons of money to be made with it. Of course, after it is exchanged for other assets ....Like XRM, lead, gold, silver, real estate, production capacities, consumables.

I'll add one more: Brics crypto. So no, BTC will not be a GLOBAL reserve currency, perhaps a regional (not necessarily geographical) one at best.

Thanks for your view.

From that perspective: Bitcoin is a shitcoin. Here are the reasons:

1. SSD prohibitive: bitcoin raw: close to 600Tb and exponentially growing.
2. Syncing first time takes an awful amount of time
3. Avg mining difficulty in not even 4 years from 17T tot 85T makes it cost intensive.
4. Hence, co-opted by just a couple of miners, 2 have 52% of the capacity, defeating the purpose of the coin.
5. It is expensive in execution.
6. It is slow in execution.
7. It is totally open.
8. It is co-opted by the system. Wait till the full force of paper shit bears down on it. See Gold/Silver. 68 billion volume = 15 billion in derivatives.
9. Exchanges are fucking you whenever they can: AML + ATF, KYC, and what not.
10. It is a speculative volatile asset with 1 use case: get shafted.
11. Added on services to achieve privacy make it complex and expensive.

However, there is tons of money to be made with it. Of course, after it is exchanged for other assets ....Like XRM, lead, gold, silver, real estate, production capacities, consumables.