Big Barry Bitcoin on Nostr: I don't have sources. People are so quick to dismiss any value in Bitcoin and have to ...
I don't have sources.
People are so quick to dismiss any value in Bitcoin and have to work to demystify it.
Then once they demystify that, they immediately assume all other cryptos are the same without giving it even the slightest bit of critique.
Bitcoin is scarce, Bitcoin is immutable, Bitcoin solves the double spending problem.
How did you come to understand that? Now ask it again of the shitcoins until you come to the only logical conclusion.
Note that if you understand why proof of work based systems work, then you understand that there can only be one at the top, but also that it can temporarily be displaced but it only matters which one will stay on top, and only 1 will.
With proof of stake, delegated proof of stake and other such schemes, treat it just the same as dogshit until you are convinced that it works. They mostly work under the guise that "if you have a lot of coins, you want it to succeed long term." I think the constant pump and dumps have debunked that theory.
People are so quick to dismiss any value in Bitcoin and have to work to demystify it.
Then once they demystify that, they immediately assume all other cryptos are the same without giving it even the slightest bit of critique.
Bitcoin is scarce, Bitcoin is immutable, Bitcoin solves the double spending problem.
How did you come to understand that? Now ask it again of the shitcoins until you come to the only logical conclusion.
Note that if you understand why proof of work based systems work, then you understand that there can only be one at the top, but also that it can temporarily be displaced but it only matters which one will stay on top, and only 1 will.
With proof of stake, delegated proof of stake and other such schemes, treat it just the same as dogshit until you are convinced that it works. They mostly work under the guise that "if you have a lot of coins, you want it to succeed long term." I think the constant pump and dumps have debunked that theory.