It’s here to stay not because it solves a legitimate problem or makes people’s lives better, but because like cancer, there is no cure. Bitcoin and other crypto are for crime, mostly. It’s not useable as actual money given volatility and other properties.
Grandmothers having their life savings stolen by scammers to the tune of 10s of billions annually, that is the primary use case for bitcoin. That and churning out a handful of SBF style gamer turned politically connected billionaires. Nakamoto was smart enough to remain anonymous, lest history remember his name as the person responsible.
It’s here to stay not because it solves a legitimate problem or makes people’s lives better, but because like cancer, there is no cure. Bitcoin and other crypto are for crime, mostly. It’s not useable as actual money given volatility and other properties.
Grandmothers having their life savings stolen by scammers to the tune of 10s of billions annually, that is the primary use case for bitcoin. That and churning out a handful of SBF style gamer turned politically connected billionaires. Nakamoto was smart enough to remain anonymous, lest history remember his name as the person responsible.