Comment on Please Stop

• SwingingKoala@discuss.tchncs.de ⁨6⁩ ⁨months⁩ ago

  This is how tech people often think because they don’t understand economics and the value bitcoin provides. Bitcoin was distributed fairly, is stable, is scarce, and most importantly, is decentralized. Probably all “programmable” shitcoins have zero of those properties and the market reflects that.

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  • NoiseColor@startrek.website ⁨6⁩ ⁨months⁩ ago

    I don’t even know where to begin. Btc was distrubuted as fairly as anything else, it’s not as stable as since we have stablecoins, scarcity means nothing, it’s decentralised as much as anything else.

    Must I repeat that it just exists? You can’t do anything with it. It’s like comparing a pretty rock to a computer. Today all what btc does is pollute.

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    • SwingingKoala@discuss.tchncs.de ⁨6⁩ ⁨months⁩ ago

      Btc was distrubuted as fairly as anything else

      Ever heard of ethereum premining? Or which programmable shitcoin are you talking about?

      it’s not as stable as since we have stablecoins

      Ouch, fiat thinking. Bitcoin has a stable issuance schedule (changed over and over in eth for example), that’s what I’m talking about.

      scarcity means nothing

      Like I said, you don’t understand money or economics. Aristotle already knew that money has to be scarce.

      it’s decentralised as much as anything else

      I guess your dear leader Vitalik doesn’t exist. Or, again, which shitcoin?

      Today all what btc does is pollute.

      Haha, at least now I know you’re a proof of stake shitcoiner. Probably eth. Proof of work solved a problem proof of stake doesn’t: trustlessness.

      You can’t do anything with it.

      You know which currency you can do by far the most with? The USD. Are you bullish on that?

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      • NoiseColor@startrek.website ⁨6⁩ ⁨months⁩ ago

        So you decide what is fair and what not? Its so fairly distributed now, isn’t it?

        Its stable because it’s issued on a schedule? Lol? Wtf? And why would this be a benefit? This is a joke!

        You don’t understand bitcoin and crypto. Especially the incentive part needed to run it.

        Is vitalik the boss of eth? Give me a break. You arguments are weak af.

        Pollution baby. Btc is like there just because it was first. There is nothing there.

        Usd is not programmable. You are completely missing the point, you don’t understand what it’s about. Which is not surprising. Btc is boring polluted. Yeah ok it exists. Nobody that works in crypto cares about btc. It’s for investment companies, hedge funds and people in suits. And most of it will end up locked in smart contracts on other chains lol.

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