Post
Topic
Board Speculation
Re: Why bitcoin is worthless
by
ktabb
on 06/03/2018, 11:21:07 UTC
I could not agree with this author more. Blockchain technology itself is overhyped. The benefit of decentralization is not nearly large enough to outweigh the massive costs. Furthermore, blockchain technology necessarily requires cryptocurrency, which is something people seem to overlook or not understand. Without some kind of digital token, there is no way to incentivize miners. Betting on blockchain is the same as betting on crypto, and crypto is even more overhyped than blockchain technology itself.