If your gonna call something brain dead, you need to list technical and logical reasons why, or you become brain dead yourself. This is facts!

Reply to this note

Please Login to reply.

Discussion

Sure. How would governments survive if we only used bitcoin? How would they raise tax revenue? What about power/ internet outages that shut down wallets? What if the bitcoin baselayer was hacked? How will miners survive after all coins are mined? What if the US govt seized 51% hashing power from large US based miners and did a 51% attack? If govts just made bitcoin illegal and retroactively capital gains taxed citizens

I think bitcoin is great but giving it religious reverence does no one any favours

πŸ¦—

πŸ¦—