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| Topic | The crypto bubble popped |
| Sad_Face 05/11/22 5:53:59 PM #69: | DarkRoast posted... Crypto is intrinsically worthless. All value it has hinges entirely on speculative investing. Full stop. The US dollar has lost damn near 90% of its purchasing power and 80% of all US dollars in circulation were printed out in the last 2 and change years. And yet the bitcoin network has proven to transact billions of dollars worth of BTC with damn near 99% uptime in a transparent manner for over a decade, has a open minting and burning protocol that it adheres with no central authority orchestrating it, and is accessible to any person with an internet connection regardless of the person's government regulations or sanctions, and regardless of that person's credentials. And this ignores the massive innovations that dwarf the BTC network in comparison. Are you seriously going to say there's ZERO value in a network like this? There's no value in a system where the government can't call up the bank to freeze your account and stop you from doing transactions? --- https://i.imgur.com/WmIB016.jpg https://i.imgur.com/53FGj6K.gif ... Copied to Clipboard! |
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