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by codegeek 726 days ago
I don't disagree that it had promise but it has failed to live up to the hype and after 15 years, we can safely say it has failed. A tiny minority may be using it for transactions but it did not gain the actual adoption it was supposed to and never solved the problems it was supposed to. Funny thing is that it created companies like Coinbase that is the exact opposite of what De-Centralization and anonymity was supposed to be which is supposedly the biggest problem solved by Crypto.
1 comments

How can you "safely say that it has failed"? Bitcoin is in the top 10 largest assets in the world, just below silver. I think few people would've expected that 15 years ago. That's a pretty high bar you're setting.
The "Asset" is just about speculation and getting rich quick. Again, it failed because there is no real world application in day to day life for transactions to replace the Fiat currency and be de-centralized. You did not address any of my points in earlier comment btw.
Which of your points isn't also true for physical gold right now?

Maybe put those forward, and someone will address them for you.