I'm done debating bitcoin maximalists and their delusions. I realized that they're not even willing to consider how mistaken they are.
It always begins with the 5 following "arguments":
"Bitcoin is a store of value"
"Bitcoin is decentralized and censorship resistant"
"Bitcoin can be used by everyone"
"Bitcoin (and maybe ethereum) are cryptos the rest are alt coins"
"This/the other alt coin are shitcoins and just memes for staking"
They ignore reality completely, how can a store of "wealth" or "value" go from 50k in price to 30k then return to 40k, they claim "it's only ups and downs you get used to them" but that's now how economy works. I think they fail to realize that an economy can't be depended on a bull/bear market and it requires functionality.
The decentralized and "censorship" resistant is a huge joke, I don't even know where to start from. Even china banning crypto wasn't enough to convince them that bitcoin is in fact CENTRALIZED, and that's just the tip of the iceberg.
Bitcoin can't be used by everyone, nothing with such high gas fees can, even salvador is trying to find an excuse for "where the fees" are going to". How is a middle class or lower class person is supposed to use a crypto that costs 10 usd just to use? In some countries that's the hourly wage, it's literally doomed to fail unless bitcoin does something.
(Like BCH does)
They claim that bitcoin and ethereum are on the same page, but that's not true at all.
From a developer's perspective vitalik and his team has been advancing towards solutions that bitcoin clearly doesn't even care about, the lighting network keeps showing more and more problems. Their entire system is frail, erratic, and unrealiable.
Yet despite all these red flags, the huge scandals officials of bitcoin core and bitcoin tribals, because they're not communities they are tribals. People continue devoting themselves to an ideology that's practically a marketing agenda, while also extending their brainwash to hopeful ambitious people who think "they will make bank" with bitcoin.
That alt coin - shit coin term is the most deadly propaganda I ever seen in tech.
You devalue technology that's more advanced than yours, you shadow over it with your presence, you make it depended on you, and you convince people who use that technology that's "inherently inferior' just by the name you provide it.
"alt or shit coin"
I'm starting to see that's not just r/bitcoin and bitcoin.core that's a huge brainwashing scheme. But the entire sphere of bitcoin its self.
This seriously needs to be addressed more because as bad as it is, they are on the top of crypto in market cap, they give a HORRIBLE example about the potential of cryptocurrencies. And they should be called out for what they are.
That's all from me, if you want to buy bitcoin and "hodl" it thinking it will benefit you do so it's your wealth and you should had the right to do what you want with it.
But call it what it is, call it a stock. Call it a gamble. Call it a scheme. Call it an "investment".
Calling it a "store of value" is ridiculous.
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