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by tomiplaz
1599 days ago
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I don't think you understand what Bitcoin has brought to the table. Consider its fundamentals and its network effect. Other blockchain tech, most prominently permissioned blockchains, should be reprobated, since they don't require blockchain tech and could be better implemented using tech that relies on standard database systems. |
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- More convenient ways for malicious individuals to conduct ransomware attacks
- Fraudulent exchanges
- Persistent and global GPU shortages
- Anonymity to criminals
- Staggering consumption of real-life energy supplies, produced mostly with fossil fuels
What Bitcoin has not brought to the table:
- A store of value
- A trusted unit of account
- A widespread medium of exchange