this post was submitted on 07 Jul 2024
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So much for Blockchain's real life use cases (lemmy.ml)
submitted 4 months ago by whydudothatdrcrane@lemmy.ml to c/memes@lemmy.ml
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[–] AVincentInSpace@pawb.social 2 points 4 months ago* (last edited 4 months ago)

I don't care about amount of BTC, I care about amount of dollars. It may also surprise you to learn that I don't care about countries where the currency is so unstable that a currency that can double in value in the space of a few months has it beat.

If bitcoin is going to become usable as a currency, even in niche circles, it has two problems to solve: energy use (three quarters of a megawatt hour per transaction, according to Forbes!) and conversion stability. I don't want keeping money in my wallet to be a high risk investment.