Yes, when prophecy fails, true believers double down.
Was Saylor pro
Discussion
Was Saylor saying we'd be at $100k by now or not?
Yes he did. What do you associate Bitcoin with Saylor?
I feel like you give people too much credit.
I don't believe in Bitcoin because of Saylor.
I researched, looked at the world around me, and drew my own conclusions.
Bitcoin will change everything, it's just a more efficient infrastructure to transfer value globally.
Look at what zap is doing.
*Why do you..
Do you know what the maximum number of transactions the Bitcoin blockchain can handle globally? 7 per second. Hahahah!! It's literally the most inefficient infrastructure imaginable and you're calling it "more efficient" -- no computer scientist will tell you blockchian is "more efficient" than a centralized database, we're deep in propaganda land here.
"Look at what zap is doing." Indeed, because it doesn't rely on an inefficient blockchain. In fact, it doesn't need an inefficient blockchain. I'm all for Cashu or Pear Credit payments, which use Lightning style p2p channels but without the grand unified centralized ledger logging your every transaction -- but only at 7 per second.
Lightning shows us how bloody inefficient blockchains are, and how much better and more efficient things can be without one. Pear Credit and Cashu are 100% feeless, too, since you don't need to maintain a unified global state for every copy of the centralized + distributed (not decentralized) database, like you do with Bitcoin.
I fat-fingered the Post button early. Was Saylor prophecying the price would be 32% lower than his average buy price in March 2023? Or was he prophecying $100k+ by now? Be honest.
I did agree already about the Saylor thing.
From my point of view, there is an aspect you are not taking into consideration which is probably the biggest one.
It's about the monetary system and government control.
The speed of the base layer is not the most important part. This can be solved, and is being solved, at L2+.
What's more important at the base layer is decentralisation and security.
Depending on where you come from, you might have different opinions on who should control the money.
In any case, it seems fair to say that Bitcoin is a hedge against overreaching governments.
As such, it has tremendous value. It's a bearer instrument that is highly portable.