oplkill@lemmy.world to memes@lemmy.worldEnglish · 9 days agoThen they will ask why nobody wants to use their payment cardslemmy.worldimagemessage-square468linkfedilinkarrow-up1866arrow-down1236
arrow-up1630arrow-down1imageThen they will ask why nobody wants to use their payment cardslemmy.worldoplkill@lemmy.world to memes@lemmy.worldEnglish · 9 days agomessage-square468linkfedilink
minus-squareInternetCitizen2@lemmy.worldlinkfedilinkarrow-up4arrow-down2·8 days agoBitcoin is its own worst enemy. It’s deflationary, speculative, and largely interacted with by centralized entities. Those things means its unlikely to be successful as an actual currency; even one it hopes to be.
minus-squareKnock_Knock_Lemmy_In@lemmy.worldlinkfedilinkarrow-up1·8 days agoIt’s been surpassed by new blockchains in all dimensions except market cap
minus-squareKnock_Knock_Lemmy_In@lemmy.worldlinkfedilinkarrow-up2·edit-28 days ago Bitcoin for market cap Solana for transactions, throughput and scalability Polkadot or Cosmos for interoperability Ethereum for everything else (developer, activity, economic activity, regulatory, governance, decentralisation etc.)
minus-squareNico198X@europe.publinkfedilinkarrow-up1·8 days agoCool, ty! I also hear alot about Monero from the privacy crowd. Any thoughts?
minus-squareKnock_Knock_Lemmy_In@lemmy.worldlinkfedilinkarrow-up2·7 days agoMonero is opt-in privacy so not ideal, but it’s the most popular privacy preserving coin, so it’s most popular for illicit dark web purchases
Bitcoin is its own worst enemy. It’s deflationary, speculative, and largely interacted with by centralized entities. Those things means its unlikely to be successful as an actual currency; even one it hopes to be.
It’s been surpassed by new blockchains in all dimensions except market cap
Such as?
Bitcoin for market cap
Solana for transactions, throughput and scalability
Polkadot or Cosmos for interoperability
Ethereum for everything else (developer, activity, economic activity, regulatory, governance, decentralisation etc.)
Cool, ty!
I also hear alot about Monero from the privacy crowd.
Any thoughts?
Monero is opt-in privacy so not ideal, but it’s the most popular privacy preserving coin, so it’s most popular for illicit dark web purchases