1. The tech is RUBBISH a. High fees b. Slow transactions 2. "Muuuh Lightning Network" a. Lightning network has very low capacity b. No incentive to run nodes c. Lightning network has about a 75 % failure rate of transactions d. If it's so good then why is nobody using it despite being deployed for over one year? 3. Rubbish coordination of development. a. Yes, there's a shit ton of commits on Github, but are we seeing any actual improvements? FUCK NO!
Bitcoin lives on: 1. First mover advantage, think Netscape and Myspace 2. A good name, I given them that, it's catchy 3. There exists more extensive regulatory frameworks for Bitcoin than for alts
Conclusion: The fundamental value of Bitcoin is a joke, it's used as a speculation vehicle and it seems like it will never be able to transition to anything else, the fucking tech has been out for over 10 years, this is were brainlets go in with "muuuh, it's like the internet in 1947"... "muuuh, store of value"
Store of value is a meme for retards to believe in, why would bitcoin be a superior store of value than Gold/Land/High quality bonds?
Only a retard can believe in that meme. Please let me know how this rubbish can have a total market capitalization of $70B?
That is literally a higher cap than Intel's equity, who employ 107,100 persons and have made every processor in 95 % of all the computers you have ever laid hands on, now what have Bitcoin done for you, besides retarded speculation and *maybe* buying some drugs with it?
>arguments I see none. All i see is massive cope of a nocoiner who missed life changing wealth roi and because of his too inflated ego will miss the next run and most likely finally kill himself.
Landon Rodriguez
>why would bitcoin be a superior store of value than Gold/Land/High quality bonds? Try to pass customs with +10k$ in gold you absolute brainlet. Feds are cracking down on tax heavens. What do you think where offshore trillions will flow?
You might be the biggest brainlet on this board, congrats.
Do you know ANYONE who use LN, can you name an exchange where I can send LN transactions?
Jaxon Bennett
>shapeshift nigger aka a known salty big block cashie faggot opinion discarded. LN is optional. BTC doesnt have to scale to be worth trillions.
>secure >decentralized >scale pick 2 and only 2. read my posts above to understand why btc doesnt have to scale to buy a gay ass hipster latte.
Levi Sanders
I am doing fine financially. I have about 0,3 % of my wealth around my arm. Do some calculation on the watch and you'll get to know my net worth.
Bitcoin has SHITTY tech and there is a cap to the network effect when you have SHITTY tech. Why would I want to own an asset like Bitcoin which has:
1. High fees 2. Slow transactions 3. No smart contract functionality
Over ANY smart contract platform?
They're faster, cheaper to use and have more use cases. If you want to keep on believing in your delusional "muuuh, store of value", you can do the same thing with any smart contract platform too.
If your argument is "hashrate ATH", then you're more brainlet than what I initially thought I would ever find here.
