PSA: Beware of anyone who touts BTC, especially if they talk trash about principal movers in the medical freedom movement. Research carefully before participating in the crypto markets. Bitcoin's source is still a mystery (could even be CIA), it uses more electricity than many entire nations, it is completely reliant (at least for transa…
PSA: Beware of anyone who touts BTC, especially if they talk trash about principal movers in the medical freedom movement. Research carefully before participating in the crypto markets. Bitcoin's source is still a mystery (could even be CIA), it uses more electricity than many entire nations, it is completely reliant (at least for transactions) on a functional and accessible Internet, its value is determined by the whims of large stakeholders, and it is subject to all the practical limitations described here:
The philosophy behind bitcoin is admirable, but bitcoin itself is not some kind of monetary savior. Pyramid schemes are nothing new, and it's always the last ones in who find out the hard way. Buyer beware, unless you are in it as a volatility play or small hedge...
PSA: Beware of anyone who touts BTC, especially if they talk trash about principal movers in the medical freedom movement. Research carefully before participating in the crypto markets. Bitcoin's source is still a mystery (could even be CIA), it uses more electricity than many entire nations, it is completely reliant (at least for transactions) on a functional and accessible Internet, its value is determined by the whims of large stakeholders, and it is subject to all the practical limitations described here:
https://blog.dshr.org/2022/02/ee380-talk.html
You should also understand what trusted systems are, and why blockchain isn't the end-all in the real world:
https://www.wired.com/story/theres-no-good-reason-to-trust-blockchain-technology/
Bitcoin is slow and wasteful; why not make something better?
https://desogames.substack.com/p/bitcoin-v20-the-research-coin-whitepaper
The philosophy behind bitcoin is admirable, but bitcoin itself is not some kind of monetary savior. Pyramid schemes are nothing new, and it's always the last ones in who find out the hard way. Buyer beware, unless you are in it as a volatility play or small hedge...