Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Torque
on 19/01/2021, 16:18:00 UTC
⭐ Merited by 600watt (1)
have a look at this article in one of the most reputable (conservative) german newspapers - the F.A.Z. (it is in german and behind a paywall, meh)

https://www.faz.net/aktuell/finanzen/alternative-digitalwaehrung-ether-besser-als-bitcoin-17149396.html

for the last decade the FAZ was had a critical stance vs bitcoin. now, after 10 years of bitcoin bashing they come up with an article claiming that ETH "is better than bitcoin."  no word about it being centralized. no word about there is no cap. no word about the fact that it is not possible to run a validating node in the ETH network. no word about the fact that its design is fucked up from scratch trying to become a "world computer" on chain. no word about the fact that it has no valid monetary policy. the FAZ has never understood bitcoin, bashing it for years and then went one to welcome this pre-mined scam without the slightest critique. they fell victim to their own moronic stupidity. it all started with the false categorizing "crypto"

either "cryptocurrency" is a valid category and only bitcoin is in it or crypto means outright scam and bitcoin does not belong in it.  

You said it.

I told my SO the other day, "Ethereum didn't make sense to me at $0.50/eth and was a scam then, so it is still a scam to me today. Its price or popularity changes nothing."