Bitcoin Is Only a Crappy Tech Inventory

What, precisely, is it alleged to be good for? No one actually wants one other strategy to wager on tech shares. You possibly can … simply wager on tech shares for that. In contrast to the Ethereum community, in the meantime, Bitcoin isn’t extensively considered a helpful platform for superior monetary providers. One potential reply is crime—crypto is the popular cost technique for hackers who perpetrate ransomware assaults—however that doesn’t precisely bode effectively for Bitcoin’s long-term future. So if it isn’t a foreign money, isn’t a gold substitute, and isn’t even an excellent strategy to diversify your portfolio, what precisely is its objective? So far as I can inform, aside from shopping for some medicine on-line, the reply is completely nothing.

Eulogy made by Jordan Weissmann

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