{quote} I think you are related to Peter Schiff and in a last hope to educated you I will leave below strong reads that will clear your clouded mind a bit: https://www.pierrerochard.com/auditing-bitcoin-supply/ https://www.lynalden.com/invest-in-bitcoin/ https://twitter.com/PrestonPysh/stat...03306775359488 If you respect yourself and you do call yourself a real skeptic, you will read these articles and give a sounded reply to why you are still a skeptic of Bitcoin. Just a reminder that Bitcoin, is not a product,...
Read my thread before make any assumptions.
I've always said blockchain is a vehicle for value. But it cannot host money because its fundamental issues.
Schiff has too much skin in the gold game and he plays and talk like stupid about his gold fetish
...stupid just like McAfee or Nox-KPMG are spreading shit about bitcoin Bitcoin might beat the gold but never the US dollar
Why don't you crypto lovers tell people about:
- mining pools which make decentralization a joke
- 51% possible attacks, ...few addresses hold more than 50% of bitcoin, ..and China mines 70% of bitcoin
- miners need to sell their bitcoin rewards for real dollars to foot the electricity bills crashing the charts periodically,
- how millionaires, retail folks and private funds had been fleeced when crypto whales deliberately crash bitcoin to cash real dollars to finance mining over and over in a pyramidal perpetual scheme,
- mining costs for a transaction are insane, bitcoin cannot SCALE ! everybody knows that !! It can't be money !!
- the crypto trilemma which makes bitcoin fundamentally a failure,
- deflationist effect of a finite supply trash which claims to be money... making economic recessions to fall into deep depressions..
Why don't you guys never read about the factual cons ?
How about being honest and take a view on the downside of bitcoin, huh?
Sal'tare și noroc, frățioare !
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