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Thread 60852554

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Anonymous (ID: 0rpt2XIm) No.60852554 >>60852618 >>60852628 >>60852631 >>60852633 >>60852703 >>60852873 >>60852925 >>60853148 >>60854986 >>60855973 >>60856008
The truth about BTC
BTC will sink some day, the technology behind it is ancient which results in extremely inefficient blockchain network that wastes too much resources for nothing. Almost any alternative coins are better in this regard, the reason why it's still valued so high is that it's the first coin and that the general public has no clue how inefficient it actually is or why that is so bad for the planet and its blockchain operations. I've already switched over to alternatives which I see viable long-term while waiting for the day when this cold hard truth is realized and manifested in reality.
Anonymous (ID: 5uExsFVI) No.60852618
>>60852554 (OP)
ok, if you have any then i'll buy it at a discount
Anonymous (ID: EpNGYqJn) No.60852628
>>60852554 (OP)
XRP fixes this
Anonymous (ID: qEeHZHZy) No.60852631 >>60852760 >>60856005
>>60852554 (OP)
I genuinely feel sorry for low iq people
Anonymous (ID: e3oUlr9B) No.60852633 >>60852768
>>60852554 (OP)
Blockchain is really a dumb technology anyway.
I'm totally in favor of decentralized finance but we need a better way to implement that.
Anonymous (ID: VlUN+9DC) No.60852703
>>60852554 (OP)
>it is ancient which results in extremely inefficient network that wastes too much resources for nothing
remind me how old is cobol now
Anonymous (ID: +4rKJXeZ) No.60852760
>>60852631
>low being a relative term
kek
Anonymous (ID: +4rKJXeZ) No.60852768
>>60852633
Look at people smart enough to not use a blockchain like Ripple.
Teranode Racist (ID: bsSvNaSZ) No.60852873
>>60852554 (OP)
You're right. BSV however will triumph.
Anonymous (ID: eV8iv38N) No.60852925 >>60852956
>>60852554 (OP)
You're a brainlet who is not anywhere close to as intelligent as you think you are. You're wrong. Stay poor
Anonymous (ID: 0rpt2XIm) No.60852956 >>60853062
>>60852925
Yeah so you're saying that BTC will live because it will only be used as digital gold and not for any actual real transactions because that stuff can be done with LTC while the hoarders hoard BTC with their slow block rate? Litecoin is secure enough btw.
Anonymous (ID: eV8iv38N) No.60853062 >>60853103 >>60853308 >>60853351 >>60855928
>>60852956
I'm saying you're a midwit who thinks he's smart. It doesn't matter if Bitcoin gets used as a currency - it certainly can - but it's also a store of value, a network, the soundest money ever made. It is the greatest asset of all time and here you are thinking you're fucking smart. You're retarded.
Anonymous (ID: dPQcrexD) No.60853103
>>60853062
>a store of value
you cannot store value
Anonymous (ID: eu2+qGrF) No.60853148
>>60852554 (OP)
talked like a true brainlet who doesn't understand decentralization and security
Anonymous (ID: 0rpt2XIm) No.60853308
>>60853062
It's just a stupid blockchain that hardens the security of previous transactions each time a new block is mined. It's also slow as fuck.
Anonymous (ID: 0YvI1hGX) No.60853351
>>60853062
There is no fundamental demand that makes it a store of value, it is an integer in a decentralized database.
Anonymous (ID: SquseaXN) No.60854986 >>60855115
>>60852554 (OP)
ai wastes more
Anonymous (ID: 0rpt2XIm) No.60855115
>>60854986
Truth nuke. Current "AI" is a word predictor on rails.
Anonymous (ID: K9TdOzKt) No.60855928
>>60853062
maxipads truly are something else lmao
Anonymous (ID: LJLdWQtl) No.60855973 >>60855977
>>60852554 (OP)
>this is how much energy we have to waste to prevent Jewish tricks
Anonymous (ID: zbr/U/lr) No.60855977
>>60855973
It's less energy that most countries use, which is pretty good considering Bitcoin does what it took an entire nation state's resources to do before.
Anonymous (ID: jG2mIcB4) No.60856005
>>60852631
Let the priced-out third worlders gamble their money away on alts, it’s fine.
They could never afford a full BTC, so they have to cope somehow
Anonymous (ID: 2hvHbAJy) No.60856008
>>60852554 (OP)
If I am capable of teleporting 1kg of gold from the US to Japan, without having to carry it, or deal with the hassles of 3rd parties getting involved, do you think I give a fuck about a 10-60 minute wait time? This isn't even taking the LN into consideration.