>exists for 10 years
>still no practical application
lmfao way of the future alright
Exists for 10 years
Aiden Collins
Other urls found in this thread:
cs.princeton.edu
bis.org
twitter.com
Cooper Rogers
i can park my money without any fees or worries
Angel Moore
>p-please convince me
Owen Ortiz
Luke Parker
so may salty bobos, i love it! XD
Kevin Russell
But it does... Just because you can't use it to buy coffee or use it as money for any transaction doesn't mean it has zero use cases. There are plenty of situations where using crypto to buy a service or product is more convenient. And it's way cheaper to send money to someone else via blockchain than via the banking system
Wyatt James
If you're into transparent blockchains, go for BCH and/or BSV. If you wan't privacy, use XMR. Lightning by now is a meme and we don't know if it will work properly in a few years.
Connor Young
I've given in, it will still moon like crazy. The narrative is to strong, fundamentals don't matter anymore.
Of course at some point this will pop and bring down the whole crypto market, but that could be 10y from now.
Brandon Brooks
it might be the most interesting self-emerging system counter balanced to government controlled systems; and if it can sustain itself, will have value purely for its novelty. If it sustains long enough, it can become a type of money
Jaxson Wright
The internet existed for 20 years with no application. Read a book tard.
Logan Butler
if fundamentals would matter it wouldnt lose 50% over night or just pump 200% without correction for weeks
its just FOMO and greed from idiots and manipulation from market makers. its never been more ridiculous or obvious, not even the 20k rally was as stupid
Wyatt Cruz
No, it can't. Money has to be fungible and fast. It can become a way to stash away your money and protect it from inflation if you don't fear the volatility.
Jordan Davis
I dunno man, I've got a lot of drugs with this shit
Juan Richardson
I feel the same, but it still feeds itself attracting more and more capital.
In a way it is highly ironic - BTC was created to have a way out of governments creating money like BRRRRRRT.
But now, the price of BTC has decoupled from utility and is propped up by the Tether money printer going BRRRRRRT.
Oliver Morgan
Institutions also fudded tech stocks before the dot com bubble. They're fudding bitcoin now.
Nolan Williams
its plenty fast (depending on your levels of trust), with more ways to improve it in the future.
volatility is a function of market uncertainty, completely separate from inflation ,which is why it would take a long time of self sustainability before many would consider it a form of money
Jacob Hill
I mean I acquired tons of kiddie porn using BTC
Anthony Wright
Tether is backed by dollar 100%
Kevin Torres
its just made artificially tedious and against any logical sentiment by market makers. 2 years ago things moved a lot faster with more volatility.
now the things literally play out over months, on purpose I'd say because people are used to fast movements and bounces. now, if you miss the train, youre fucked. eventually it will drop, but it can also mean waiting 6 months.
the market is just there to incite FOMO these days, over a long period of time, against logic or reason.. and then it will drop very fast again and then also stretched over weeks so you don't dare to buy any falling knife. its literally impossible to call a bottom or top safely. you just need to DCA and have a lot of patience these days.
Eli Williams
>On the Instability of Bitcoin Without the Block Reward
cs.princeton.edu
The most in-depth paper written on bitcoin EVER
Princeton university
>Beyond the doomsday
economics of “proof-of work” in cryptocurrencies
Monetary and Economic Department
bis.org
Bitcoin wont work without block rewards, lmao. THe halvening is not good, its bad
David Phillips
or just play the range and keep buying $5k selling $10k (like they want you to do), we can yoyo propel this shit up over time, rekting the noobs as initiation
Ethan Ross
This
Jack Ortiz
HAHAHAHA GET A LOAD OF THIS DUMB FAGGOT
Nathaniel Smith
>Bitcoin wont work without block rewards, lmao. THe halvening is not good, its bad
Block rewards exist until 2140 retard.
Matthew Gray
Exactly my point. Now, BTC is also backed by USD which gets printed like not tomorrow
Eli Jones
good advice for when crypto is starting to be actually used. we are right now just still in the speculation phase.
Bentley Morris
>without any fees
try moving them without fees
>without any worries
yeah, except just one - that it will lose value and drop to $0.00
Jackson Green
Shit-tier FUD, Pajeet. Go back to your hut
Camden Roberts
It's just helping btc until it's ready to fly on its own.
Adrian Diaz
You had 11 years
Brody Cruz
these both apply to fiat as well
Xavier White
>try moving them without fees
oh no, i had to pay 50 cent to move a billion dollar worth of btc in 20 minutes...
Jaxson Harris
lol the same fud for 5+ years now.
>it had no use
>dinosaur
>7 tps
>my shitcoin does it better
>tether
bitcoin doesn't care. get absolutely fucking FUCKT.
Ayden Martin
> store of value
OP btfod