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by ADifferentKyle 1944 days ago
It’s been successful in obtaining usage, but I am still confused how it accomplished this beyond a bunch of people asking for it. What problems does Bitcoin solve for these traditional finance institutions that could give us a better barometer of its success?
1 comments

You'll never get a straight answer. Cryptocurrency fans love huffing their own farts too much to actually give a salient explanation for this.

Proof of work does a good job contributing to increasing problems with global warming and wreaking havoc on the computer hardware market.

There's talk about major cryptocurrencies switching to proof of stake. Good luck on that, because the current powers that be would hate to see their cash cow affected.

Pay no attention to the man behind the curtain. A bunch of early adopters are getting VERY rich because everyone else is FOMOing hardcore. That's never a good reason to buy into this charade.

Our species is so greedy, we will do whatever it takes to fuck everyone else and get ours, I guess. We created a monster. I wish we could own up to it before it's too late.