Re: Bitcoin Cannot Die. It is Impossible. Under Any Circumstances.
Bitcoin cannot die under any circumstances. Ever!
Why? Because Bitcoin is an idea. An abstract idea. It cannot be destroyed.
I wanna emphasize this because a few days ago I posted a thread on the Economics section asking people if they thought Bitcoin was over.
And I've thought a lot about the answers I got and continued to reflect.
And here is my realization which is better explained in video with visuals https://youtu.be/i6mBiboKg4Q
If you disagree, it's okay. But please articulate it in a friendly manner. Life is too short for internet quarrels right?
Why? Because Bitcoin is an idea. An abstract idea. It cannot be destroyed.
I wanna emphasize this because a few days ago I posted a thread on the Economics section asking people if they thought Bitcoin was over.
And I've thought a lot about the answers I got and continued to reflect.
And here is my realization which is better explained in video with visuals https://youtu.be/i6mBiboKg4Q
If you disagree, it's okay. But please articulate it in a friendly manner. Life is too short for internet quarrels right?
Bitcoin started as an idea, that has been corrupted by the ultra rich.
In the beginning , almost anyone could mine btc and support the network.
Now only the Ultra Rich and their warehouses full of asics can maintain the network.
* Now Bitcoin is nothing more than a overly expensive network that sucks up insane amounts of energy and fiat just to maintain. *
It will die , if the price per coin continues to exceed the market prices.
The Dream has moved to other coins and hopefully one of those will be able to resist the corruption by the elite.
