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0 sats \ 1 reply \ @Fabs OP 2h \ parent \ on: Bitcoin "Gold 2.0" My Ass. bitcoin
Bitcoin hasn't been acting as said "lifeboat", or has it? It's a risk-on asset and multiples more volatile than other things, and since even traditional markets are being hit, I don't think that a break out to the downside is far away.
And what did Bitcoin do? Exclude the middle men from transactions.
True, infrastructure can be improved (TPS, usage of wallets, Lightning et cetera), but it's already amazingly accessible both monetarily (don't have to buy full coins) as well as technically (lightning wallets like WOS, and hardware wallets making self custody a breeze).
There are loads and loads of info about anything and everything online, big names and individuals are into it and yet nobody seems to care- or even want it.
The creation of the Internet essentially created a whole new reality - the digital realm -, and the necessary infrastructure had to be created, build and improved before actual (global) usage could ensue.
Cars were something laid away for the rich and famous, just as horses are today - at least to some extent.
Planes, well, I imagine another thing one needed money for to use? Vacation inside one's country was pretty much standard pre 1960, ain't it?
And honestly? I'm simply disappointed in Bitcoin, or maybe not Bitcoin per se, but I've been shouting for years that BTC = Gold 2.0 but better yada yada, and now that it's time to prove itself, it's shitting itself.
I'm tired of "Oh but the people don't get it" well how's that gonna help? If they don't get it after 15+ years of constantly new ATH's and the recent adoption / credibility boost from big institutions et cetera, then they'll most likely never get it - what good is Gold 2.0 of it doesn't frickin' deliver?
Come back from what? I'm not selling everything, but a decent chunk and move on, as I fully expect the world to degenerate into a circus in the coming years - I'll cash out enough to hopefully ride it out, and see what's left after that.
Ain't no way I'm going through that shit-show as well.
Looks like Bitcoin ain't the Safe haven it's ought to be... Seriously: this should've been the moment for Bitcoin to break away from traditional markets and move north, big nope: follows NASDAQ to the T.
That's what the "Random"-list is for, no? There are also some users who've made it their Jam to curate and essentially wrap said posts in a fresh post.
I think this one's not something SN can "fix" per se, but something we'd have to make a conscious decision about on an individual / Community-Level.
Yep, A small - very small - amount of XRP is burned with each transaction, and each "player" needs to hold a bare minimum (like 10 XRP?) on their account in order to participate in the network - IIRC.
That's pretty much it.