Now That Crypto is Dead, What’s the Next Big Thing?
The future of bitcoin is anyone’s guess
This morning I woke up to an article published by CNBC titled “Bitcoin may not last that much longer, academic warns.”
Eswar Prasad, senior professor of international trade policy at Cornell University, said that Bitcoin is “not very efficient” and “environmentally destructive,” among other things.
Alright, guys, 2012 called and wants its headline back.
These are the same claims that have been made about Bitcoin since it was under a dollar.
When you’re wrong this much it has to be bad for your mental health.
With all the FUD going around, here’s what else the Bitcoin ignorant have to say…
Bitcoin is just a Ponzi scheme with extra steps
People say this when they want to sound smart.
They’re not. They are the same people who probably believe you need a high IQ to appreciate Rick and Morty.
Here’s the thing: Every generation rejects the previous generation’s Ponzi scheme and creates its own.
Bitcoin is a simple, unchangeable protocol. It was built just to keep time. This is why some call Bitcoin a “Timechain” —…
