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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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21878576 No.21878576 [Reply] [Original]

Money is the only real use case for blockchain, and Bitcoin is the only true cryptocurrency. There is no reason to buy anything other than Bitcoin. The ignorance of these mental midgets astounds me.

>> No.21878636

>the absolute state of Western civilization

>> No.21878756

You are not wrong. Bitcoin has the most important 2 key elements. Brand recognition and performance. Normies practically think cryptocurrency and bitcoin are the same thing. Not only this, but if bitcoin fails, it all fails. Above all crypto is not a forever hold. It has at least one more golden normie pump once enough normie banks experiment with a 1% allocation. I could be wrong and maybe bitcoin goes to 1mil a coin.

>> No.21878811

>>21878756
What the fuck? You’re about to witness the 4th industrial revolution and you think this is about payments?

>> No.21878812

>>21878576
andresen already bitcoin would be trustlessly tokenized BTC is the only store of value but there is real value in the utility of things that scale crypto eth (will probably be the global settlement standard), web3, oracles etc BTC shouldnt be changed at all

>> No.21878856
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21878856

>>21878576
BTC as it stands can’t scale.
That’s why you need a solid layer 2 network so it can actually be used as currency instead of just storage.

>> No.21878860

>>21878812
andresen already said*
the only real store of value because it was basically the first instance of an abstract digital currency with inherent scarcity