There are many reasons, but put simply:
1) People have realized they can make money by releasing shitcoins. If a project has given themselves tokens before ever releasing the protocol, you should be skeptical of their motivations and their statements.
2) Bitcoin is battle tested. It has been around for over a decade, and proven resilient to government attacks and fiascos like Mt. Gox. The brightest minds have been improving it throughout that time. There is no project that compares in this respect.
3) Proof of Work. The energy and computational power dedicated to mining gives transactional finality faster than any other project. Hashrate dedicated to bitcoin dwarfs that of any other project.
Question: would you keep a decent amount BTC without concern on an Open Dime for one or two decades?
Idk much about the reliability of that hardware, but I think I would be very concerned
I picked up the habit of high-fiving trees as I walk by on a 4.5 month thru hike. Being alone in the woods will really expand your concept of “friend” lol
dang he doesn’t have an lnurl listed, and your lnurl is giving me invalid invoices. I got zap blue balls over here!
awesome! who were the drivers of this? I feel the need to zap them
you’re right. that’s why we shouldn’t expect everyone, let alone the government (taxes split through lightning network) to use it
no
the protocol’s only reason for existence is to ensure censorship resistance. it makes no sense to operate a permissioned network and make all of the tradeoffs i
how’s blue sky?
the soviet union, china, cuba, venezuela, vietnam, korea…the list goes on…are all certainly at the top of the list
In the context of the last 100 years around the world, the US is definitely at the top of the list for property rights
so pitted in orange room
