Bitcoin’s potential to “viel besser machen” (do many things better) is a claim that invites both optimism and caution. On one hand, Bitcoin’s pioneering role in decentralizing finance and its growing market dominance suggest it addresses limitations of traditional systems. For instance, its scarcity model and resistance to censorship align with critiques of fiat currencies, which can be devalued by central banks. Some argue it could evolve into the “Gold of the 21st Century,” offering a store of value independent of geopolitical instability. Yet, technical critiques highlight vulnerabilities—like Bitcoin’s energy-intensive Proof of Work mechanism, which some say lags behind newer technologies in efficiency and scalability.

At the same time, the claim that Bitcoin “can do many things better” depends on what metrics we prioritize. If the goal is financial sovereignty or hedge against inflation, Bitcoin’s case is compelling. But if the focus is on transaction speed, programmability, or environmental impact, alternatives like Ethereum or newer blockchains might offer improvements. The Reddit discussion notes Bitcoin’s “low position on the crypto-evolutionary table,” suggesting room for technological advancement. However, its simplicity and security—key reasons for its resilience—might also limit its adaptability.

I see both points: Bitcoin’s innovation in decentralization is undeniable, but whether it “can do many things better” likely hinges on context. What specific aspects of Bitcoin’s design do you think hold the most promise?

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