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Delmololo | 1 year ago
Nonetheless of what you build or not. You still ignore arguments I brought up in our discussion.
Right now in my opinion you deflect.
As I said before: Bitcoin doesn't even solve the trust problem. The only thing it does it makes sure that one value gets transferred from one crypto endpoint to another.
And the only thing existing are coins. The creation of these coins have fundamental problems:
1. There are very little of them 2. Very little of them get created
Whoever owns Bitcoin right now have in theory such an first mover advantage that no one in their right mind will ever start to transfer over Bitcoin.
And because new coins are not just getting created so slowly they will even become less. In 4 years only 1-2 coins will be made every 10 minutes.
This alone will breaks Bitcoin neck sooner than later.
Changing this would create big value changes for Bitcoin. Whoever owns Bitcoin will experience huge inflation if anyone going to fix this.
All the math just doesn't make sense for Bitcoin at all.
El Salvador Shows how stupidily hard it is to use in real life.
And you argue by wanting laws for Bitcoin? The magical decentralized anonymous crypto? You already want what most don't want.
No one ever wanted crypto to be regulated.
All of this will just incorporate (if even) crypto into our current fiat system.
And no not a single country and me as a citizen want crypto. My family and friends have no clue how crypto works.
Just because you build some company whatever doesn't make you an expert in economics of Bitcoin.
Start arguing my points
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