Quote from: JeromeTash on July 28, 2024, 09:54:55 PM

Quote from: anarkiboy on July 28, 2024, 07:19:23 PM

I agree, currency that's not being used for anything else than "number goes up" is just another worthless pyramid scheme, the biggest of them all is Bitcoin.

What a stupid way of reasoning, and from just this I can tell you know nothing about Bitcoin. Maybe you could do yourself a favor and try reading the Bitcoin white paper to avoid future embarrassment. You could get some ideas about supply and demand along other things.
I also doubt if you know what a pyramid scheme is.

I am a C++/ASM developer and understand how Bitcoin works not only from white paper but also from the source code Grin

White paper quote:

Quote

Bitcoin: A Peer-to-Peer Electronic Cash System

It's stopped being cash because it stopped evolving and instead put all the work on L2's which are one big failure and can't even work when L1 is congested Cheesy

Now it's ~~Digital Gold~~ Digital Property Cheesy