nanarchy on 18 January 2018
| Insidb said: The future of crypto is hard to predict, but nearly all of the detractors have no idea what they are talking about; it's the same old, stupid retread arguments: Store of value... Laundering... New fad... Too costly to produce... Too volatile... All of these have been analyzed and debunked, and I encourage you all to do research to find out why. Does that mean any crypto or BTC will have mainstream adoption? No. Does it mean that such an outcome is extremely likely? Yes. |
first line is good and pretty accurate, but then you had to get silly. laundering is a huge ongoing problem, though will likely be fixed with regulators crack down on exchanges. too costly to produce, nothing to debunk, things like bitcoin are massive wasteful in their production with proof of work based systems. same for too volatile, currently their isn't a sufficiently stable crypto coin that can be safely used as a currency, hence many companies recently rolling back their decision to accept bitcoin. none of that means crypto coins can't succeed but they do have some very significant problems that still need to be addressed and anyone that tries to pretend the issues don't exist is a fool.
