this post was submitted on 04 Dec 2023
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S-C-A-M-Μ-E-R A-L-E-R-T
dudud (insert funfair voices and sounds)
Bitcoin is not a scam. Most other crypto is though.
Do you see Bitcoin more as a currency (like, something that will revolutionize how you pay for groceries) or as a security (as in "hodl"?)
If as a currency, how do you foresee it overcoming its scalability problems? If as a security, how do you think people will continue to have faith in it such that its price won't go in the next few years to (roughly) zero?
I doubt zero will happen ever at this point. Too many businesses are holding it as a store of value for that to happen.