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by Uehreka
1480 days ago
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If it remains a niche hobby in 10 years then that means we’ve succeeded in preventing Bitcoin from becoming mainstream for another 10 years, which would be good. We might even make progress on clean energy sources in that time. It will still be wasting energy for little societal benefit, but that’s not the scenario folks are most worried about, we’re worried about what happens to the environment if it becomes more popular or becomes the dominant world currency (which is what many Bitcoin proponents are pushing for). |
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I don't think you are paying attention to developments in the Global South with it. Use of it is increasing at an insane pace in Latin America (where I'm from) and I don't see it stopping any time soon. Similar trend is happening in Africa. Does it make sense to use it if you live in a developed country? Probably not. You already have all the infrastructure and financial privilege you can have. Plus your organizations are the ones setting the rules for the rest of the world. Good for you. But not all people using it are gambling my friend. As of now, there are 2 countries that have adopted BTC as legal tender. I'm willing to bet that by the next (or around) the next halving, we are going to have more countries in that list, specially from the Global South.