Why is everyone so afraid of Asics again? Aren't they the reason bitcoin is worth what it is today? Am i missing something?
Asics did not make bitcoin worth more, Asics came in after bitcoin was already worth something.
Speculation and an economy on the brink of collapse scaring people into whatever random investment they could find that is new and innovative made bitcoin worth what it is today, asics are just vultures circling and eating value.
I would argue, Asics are partly responsible for driving the price of BTC down 50% from the high.