it's still a ponzi scheme lol most bitcoins are owned by a handful of people. and they don't dump it to keep prices stable 🤷if they could sell out they would
this post was submitted on 04 Dec 2025
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Bitcoin as a sovereign currency made a lot of sense, but suffers from pioneer issues. It uses too much electricity, is too slow, unscalable on L1, scaling on L2 is complicated (or surprising) for users...
As an investment, it kind of work. But it is an investment that cost lot of energy. So why to use it.
If you want to make a bag, totally do it! But just please use some coin that will not turn Earth to ash...
Still no idea what anyone would do with a bitcoin in the first place.