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by Consultant32452
1955 days ago
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The computationally wasteful bit is a temporary problem for which solutions are already being created. The Lightning Network is one such effort. Governments are already taking efforts to fight against crypto. The fact that bitcoin is classified as an "asset" is the government adding friction to using it. Every time you transact in bitcoin you have to put that on your taxes because there's some capital gains/loss. Of course, they don't talk about it as if that is an attack, but it is. And they wouldn't be attacking it if they weren't scared. It's surely not guaranteed, maybe not even likely, but it's still possible that we will win. |
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Your government rant is a non-sequitor - bitcoin doesn't become any more efficient just because The Man doesn't like it.