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cryptocurrency and related discussion
Bitcoin is the Detector of Imbeciles
submitted 1 year ago by [deleted] from medium.com
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[–]SoCo 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 1 year ago (0 children)
This guy clearly hangs around the same "cluster" a bit much. It is odd how he lumps together everything he doesn't like. His long term store of wealth Bitcoin criticisms area pretty serious point to ponder. Yet, the only reason Bitcoin miners aren't surviving on almost nothing but transaction fees, necessitating Bitcoin becoming a currency or dying, is due to Bitcoin being broken by the small block cap, which broke Satoshi's genius block reward schedule and erased almost all of it's public adoption for payments and currency like uses, nearly overnight.
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[–]SoCo 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (0 children)