Because its useless in our fast economy, and below is some other reason why people dont like bitcoin
1. High Volatility: Bitcoin's price is highly volatile, making it unreliable as a stable store of value or as a medium of exchange. This volatility discourages its use in everyday transactions and long term financial planning.
2. Scalability Issues: Bitcoin's blockchain can handle only a limited number of transactions per second compared to traditional payment systems like Visa or Mastercard. This leads to slower transaction times and higher fees during peak usage periods.
3. Energy Consumption: Bitcoin mining consumes an enormous amount of electricity, leading to environmental concerns. The energy footprint of Bitcoin is often compared unfavorably to that of small countries, raising sustainability issues.
4. Limited Acceptance: Despite growing interest, Bitcoin is still not widely accepted as a form of payment. Most businesses and services do not accept Bitcoin, limiting its utility as a currency.
5. Regulatory Uncertainty: Governments around the world are still grappling with how to regulate Bitcoin and other cryptocurrencies. This regulatory uncertainty can deter adoption and investment, as potential users may fear future restrictions or bans.
6. Security Risks: While Bitcoin's blockchain is secure, the broader ecosystem is vulnerable to hacks, scams, and fraud. Exchanges and wallets have been frequent targets, leading to significant financial losses for users.
7. Complexity and Usability: For the average person, using Bitcoin can be complicated. The process of acquiring, storing, and spending Bitcoin requires a level of technical knowledge that many people do not possess.
8. Inefficiency in Microtransactions: Bitcoin's transaction fees can be prohibitively high for small transactions, making it impractical for everyday use, such as buying a cup of coffee or other low-value items.
9. Lack of Consumer Protections: Traditional financial systems offer various consumer protections, such as fraud detection and the ability to reverse charges. Bitcoin transactions are irreversible, which can be a disadvantage if mistakes or fraud occur.
10. Potential for Illicit Use: Bitcoin's pseudonymous nature makes it attractive for illegal activities, including money laundering and black market transactions. This association can harm its reputation and hinder mainstream adoption.

Then the US should ban Bitcoin soon

Dumbest not dubmest

It is usless as a means of payment but not dumb

What if they rig the election again and gets in again. They couldn’t completely ban it

Leys Western, a seasoned traveler, embarks on a global journey aboard his boat, exploring various corners of the world until he eventually settles in an Asian country. There, he initiates a new cryptocurrency project, drawing inspiration from Bitcoin. Despite having ample Bitcoin himself, Leys fabricates a story about purchasing it from a local individual upon his arrival in Asia. This narrative of acquiring the cryptocurrency locally adds an intriguing twist to his journey, albeit one with questionable authenticity.

Ever since this administration came into power, everything turned to shit, so this does not surprise ,one bit

yes because from what I’ve noticed plenty of younger generations aren’t interested anymore

Yes, it's undoubtedly a scam, a digital Ponzi scheme that warrants banning rather than mere regulation. Eventually, it will likely collapse when supplanted by another heavily promoted Ponzi scheme.

I wanted to add that Opencog, the framework for SingularityNet's AI system, is also referenced on NASA's website. This signals a growing interest in what's being developed.

https://ntrs.nasa.gov/citations/20210010446

Hello all, AGI and FET are surging! If you've reviewed the Op and thought about joining, congrats! 👍🏻 It could still be an opportune moment to get involved. SingularityNet is gearing up to launch OpenCog, a more sophisticated framework than OpenAI, which should generate considerable interest. Best of luck to everyone.

Hey, in case you haven't noticed, AI coins have been soaring lately. With names like AGIX, which has seen a surge in popularity, thanks to the involvement of Ben Goertzel, a renowned data scientist known for his work on creating the intellect of Sophia the robot, and FET coin also gaining momentum, we might be witnessing the beginning of a massive bull run in the market. This uptick in AI coins is fueled by a growing interest among investors in cutting-edge technologies, the widespread adoption of AI across various industries, a positive sentiment towards AI driven projects, and the promising potential of these innovations to revolutionize efficiency and productivity. Exciting times ahead!

Yes im planning on doing the same, don't trust Binance with my assets anymore, also does any know what exchange's are allowing xmr buy and sell with no restrictions?

No way, I would've planned my exit strategy before Bitcoin's popularity surged, ensuring no suspicion arose. Then, I'd move to a locale where I could live comfortably without needing a lot of money. The Philippines seems like a promising option, where I could start my own legitimate businesses and live on my own terms, free from financial limitations.

Hey guy, What factors are causing the decline in Bitcoin today, and what could be a strategic entry point if it falls below $40,000? Has anyone got any technical analysis?

Yes awesome news

SingularityNET is a promising platform that has the potential to revolutionize the way AI services are developed, shared, and utilized. Its decentralized network allows for the creation and exchange of AI services on a global scale, breaking down barriers and enabling greater collaboration and innovation in the field. The platform also has a strong emphasis on transparency and ethical considerations, making it a leader in responsible AI development. With its combination of cutting-edge technology and a forward-thinking approach, SingularityNET is poised to make a major impact in the AI industry.

I revised the original post because the revenue information came from an online news magazine and I haven't had the opportunity to confirm its accuracy. Nonetheless, this post prompted some individuals to make investments after it was published.

SingularityNET is a highly innovative and promising project in the field of decentralized AI and blockchain technology. It provides a platform for developers to build, share and monetize AI models, making AI more accessible and democratic. With its robust ecosystem, SingularityNET empowers individuals and organizations to collaborate and contribute to the development of AI in a transparent and decentralized manner. The platform has already attracted a large and dedicated community of developers, researchers, and users, further solidifying its position as a leader in the decentralized AI space. Overall, SingularityNET holds the potential to revolutionize the AI industry and create a more decentralized and equitable future for all.

Dear all,
With the rapid growth of AI technology, I conducted research on cryptocurrencies that are focused on the AI sector. One that stood out to me was AGIX from SingularityNet, as they are making noteworthy progress in generating revenue, which is more than can be said for many other crypto projects. Additionally, there are several others with similar concepts to SingularityNET, but with personnel involved in Hanson Robotics, im thinking it could be a potential investment worth considering. I would appreciate hearing your thoughts on this matter.