Bitcoin
Bitcoin
Out of context: Reply #2170
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- neverscared2
After years of studying it, I believe that cryptocurrency is an inherently right-wing, hyper-capitalistic technology built primarily to amplify the wealth of its proponents through a combination of tax avoidance, diminished regulatory oversight and artificially enforced scarcity.
Despite claims of “decentralization”, the cryptocurrency industry is controlled by a powerful cartel of wealthy figures who, with time, have evolved to incorporate many of the same institutions tied to the existing centralized financial system they supposedly set out to replace.
and it goes on... good read.. makes sense watching the maller guy with his lousy maga hat
- the growing electricity is a design mistake which will make the ponzi sheme crumble faster than the bitcoin douches will thinkneverscared
- this is in german, but is the best read i can find why its bound to doom ... https://www.heise.de…neverscared