▲ | jongjong 2 days ago | |
Bitcoin is a good store of value but unfortunately, Bitcoin doesn't scale beyond around 4 transactions per second and uses a massive amount of electricity. Also, a lot of cryptocurrencies basically turned into scams; sometimes with the backing and approval of governments. That said, I think centralized providers acting as a layer above Bitcoin or any limited-supply crypto would still be orders of magnitude better than what we have now. Unfortunately, the boomers who benefited from the current fiat system think Bitcoin is just a fad to satisfy the fickle whims of spoiled millennials. |