• SwingingKoala@discuss.tchncs.de
    link
    fedilink
    arrow-up
    0
    ·
    6 months ago

    This is how tech people often think because they don’t understand economics and the value bitcoin provides. Bitcoin was distributed fairly, is stable, is scarce, and most importantly, is decentralized. Probably all “programmable” shitcoins have zero of those properties and the market reflects that.

    • NoiseColor@startrek.website
      link
      fedilink
      arrow-up
      0
      ·
      6 months ago

      I don’t even know where to begin. Btc was distrubuted as fairly as anything else, it’s not as stable as since we have stablecoins, scarcity means nothing, it’s decentralised as much as anything else.

      Must I repeat that it just exists? You can’t do anything with it. It’s like comparing a pretty rock to a computer. Today all what btc does is pollute.

      • SwingingKoala@discuss.tchncs.de
        link
        fedilink
        arrow-up
        0
        ·
        6 months ago

        Btc was distrubuted as fairly as anything else

        Ever heard of ethereum premining? Or which programmable shitcoin are you talking about?

        it’s not as stable as since we have stablecoins

        Ouch, fiat thinking. Bitcoin has a stable issuance schedule (changed over and over in eth for example), that’s what I’m talking about.

        scarcity means nothing

        Like I said, you don’t understand money or economics. Aristotle already knew that money has to be scarce.

        it’s decentralised as much as anything else

        I guess your dear leader Vitalik doesn’t exist. Or, again, which shitcoin?

        Today all what btc does is pollute.

        Haha, at least now I know you’re a proof of stake shitcoiner. Probably eth. Proof of work solved a problem proof of stake doesn’t: trustlessness.

        You can’t do anything with it.

        You know which currency you can do by far the most with? The USD. Are you bullish on that?