As long as we have central banks, #Bitcoin will never be a widespread medium of exchange. I also seriously doubt the reliable store of value.https://twitter.com/MustStopMurad/status/1022169639386836992 …
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Did you like your own tweet? Also, Gold is 12,000+ years old, BTC only 9. give it another decade
Like I said, I have nothing personal against Bitcoin. Realistically I just don't see the big picture bitcoin folks are seeing. I'm planning to live way more than 10 years and so I'm looking forward to seeing the monetary playground of that time. Retweeted, common practice.
I think it's inevitable. It's just better money. A better product. You can only hold off free markets and true demand for so long. And Bitcoin's digital and leaderless nature makes it much much less prone to seizure and control.pic.twitter.com/5Hliv3Fnun
Everyones opinion fits in this world. Better than fiat, yes. Better than gold, remains to be seen. I'm used to this. I adressed some real issues in those tweet before which were never countered. Security and energy issues are just the tip of the iceberg imo.
I don't consider energy a problem. The energy "waste" is precisely what makes the blockchain unalterable and censorship-resistant. With regards to your concerns re: miner centralization, I'd point you to here:https://bravenewcoin.com/news/the-mirage-of-miner-centralization/ …
the entire financial system can be reimagined on the blockchain and it would probably cost less energy than all the countless banks today as well coupled Gold mining energy expenditures
Absolutely agreed. As I see the future: blockchain or hashgraph in big part but that doesn't mean bitcoin will be a part of it or even any of the currently freely traded cryptos. We might see a "Fedcoin" and "Eurocoin". *cold shivers*
you can't have "blockchain" without an underlying currency. but I don't have time to teach you the basics.
Did I say any different? I said blockchain yes, bitcoin maybe not.
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