What a narrow-minded view. This is like saying as long as we have horses cars will never work.
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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.
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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/ …
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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
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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*
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you can't have "blockchain" without an underlying currency. but I don't have time to teach you the basics.
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Did I say any different? I said blockchain yes, bitcoin maybe not.
End of conversation
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It's like a better Gold. All it needs is time to achieve greater monetization.
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It has certain features which are undoubtedly better than gold but for example bitcoin wouldn't survive the collapse of internet but gold would.
End of conversation
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