Because other people want to buy it.

Why do other people want to buy it?

Because it's valuable.

That's a pyramid scheme, and the value depends entirely on the greater fool.

That's the most stupid normie take on cryptocurrency I've seen written in awhile and I've seen some absolute dipshit takes and no I won't be polite about that because people who bash crypto never are.

Do you understand the bitcoin mining process? Do you understand how halving works? Do you understand deflationary currencies? Do you understand the concept of a 51% attack? Do you know what the genesis block is? Do you understand that the Bitcoin network itself operates like an online ledger? Do you even know who Satoshi Nakamoto is?

If the answer is no to all of these questions you know fuck all about Bitcoin and cryptocurrencies in general. You're feeding people a load of bullshit and know it.

Metals are physical and limited by reality, crypto can be forked infinitely.

This is false, it also depends on what you mean by forked, for crypto to even exist it has to have a certain amount of computing power maintaining the network through the mining process. I know for a fact that most people who bash bitcoin like yourself have no understanding of the mining process or how Bitcoin has not been hacked. Now if you're talking about copycat coins, yes that's a thing, they're called clone coins for a reason and they often barely get any traction because the people operating them are morons hopping on a trend.

True cryptocurrencies are not simply a 'digital currency' they have had to have their own definition as a requirement because the technology is that new. By the way, with regards to the value of precious metals, that works fine for now, but if humanity starts expanding into asteroid mining the sudden influx of new precious metals could very easily crash the prices.

I'm Gen X, not a boomer, and have been working in tech for 30 years from software development to IT strategist. Of course crypto is a scam

I'm amazed that someone with that much alleged knowledge and experience can admit to doing fuck all research on a topic and not feel the slightest bit of shame.

Because other people want to buy it.

Why do other people want to buy it?

Because it's valuable.

That's a pyramid scheme, and the value depends entirely on the greater fool.

That's the most stupid normie take on cryptocurrency I've seen written in awhile and I've seen some absolute dipshit takes and no I won't be polite about that because people who bash crypto never are.

Do you understand the bitcoin mining process? Do you understand how halving works? Do you understand deflationary currencies? Do you understand the concept of a 51% attack? Do you know what the genesis block is? Do you understand that the Bitcoin network itself operates like an online ledger? Do you even know who Satoshi Nakamoto is?

If the answer is no to all of these questions you know fuck all about Bitcoin and cryptocurrencies in general. You're feeding people a load of bullshit and know it.

Metals are physical and limited by reality, crypto can be forked infinitely.

This is false, it also depends on what you mean by forked, for crypto to even exist it has to have a certain amount of computing power maintaining the network through the mining process. I know for a fact that most people who bash bitcoin like yourself have no understanding of the mining process or how Bitcoin has not been hacked. Now if you're talking about copycat coins, yes that's a thing, they're called clone coins for a reason and they often barely get any traction because the people operating them are morons hopping on a trend.

True cryptocurrencies are not simply a 'digital currency' they have had to have their own definition as a requirement because the technology is that new. By the way, with regards to the value of precious metals, that works fine for now, but if humanity starts expanding into asteroid mining the sudden influx of new precious metals could very easily crash the prices.

I'm Gen X, not a boomer, and have been working in tech for 30 years from software development to IT strategist. Of course crypto is a scam

I'm amazed that someone with that much alleged knowledge and experience can admit to doing fuck all research on a topic.

Because other people want to buy it.

Why do other people want to buy it?

Because it's valuable.

That's a pyramid scheme, and the value depends entirely on the greater fool.

That's the most stupid normie take on cryptocurrency I've seen written in awhile and I've seen some absolute dipshit takes and no I won't be polite about that because people who bash crypto never are.

Do you understand the bitcoin mining process? Do you understand how halving works? Do you understand deflationary currencies? Do you understand the concept of a 51% attack? Do you know what the genesis block is? Do you understand that the Bitcoin network itself operates like an online ledger? Do you even know who Satoshi Nakamoto is?

If the answer is no to all of these questions you know fuck all about Bitcoin and cryptocurrencies in general. You're feeding people a load of bullshit and know it.

Metals are physical and limited by reality, crypto can be forked infinitely.

This is false, it also depends on what you mean by forked, for crypto to even exist it has to have a certain amount of computing power maintaining the network through the mining process. I know for a fact that most people who bash bitcoin like yourself have no understanding of the mining process or how Bitcoin has not been hacked. Now if you're talking about copycat coins, yes that's a thing, they're called clone coins for a reason and they often barely get any traction because the people operating them are morons hopping on a trend.

True cryptocurrencies are not simply a 'digital currency' they have had to have their own definition as a requirement because the technology is that new. By the way, with regards to the value of precious metals, that works fine for now, but if humanity starts expanding into asteroid mining the sudden influx of new precious metals could very easily crash the prices.

Because other people want to buy it.

Why do other people want to buy it?

Because it's valuable.

That's a pyramid scheme, and the value depends entirely on the greater fool.

That's the most stupid normie take on cryptocurrency I've seen written in awhile and I've seen some absolute dipshit takes and no I won't be polite about that because people who bash crypto never are.

Do you understand the bitcoin mining process? Do you understand how halving works? Do you understand deflationary currencies? Do you understand the concept of a 51% attack? Do you know what the genesis block is? Do you understand that the Bitcoin network itself operates like an online ledger? Do you even know who Satoshi Nakamoto is?

If the answer is no to all of these questions you know fuck all about Bitcoin and cryptocurrencies in general. You're feeding people a load of bullshit and know it.

Metals are physical and limited by reality, crypto can be forked infinitely.

This is false, it also depends on what you mean by forked, for crypto to even exist it has to have a certain amount of computing power maintaining the network through the mining process. I know for a fact that most people who bash bitcoin like yourself have no understanding of the mining process or how Bitcoin has not been hacked. Now if you're talking about copycat coins, yes that's a thing, they're called clone coins for a reason and they often barely get any traction because the people operating them are morons hopping on a trend.

True cryptocurrencies are not simply a 'digital currency' they have had to have their own definition as a requirement because the technology is that new.

By the way, with regards to the value of precious metals, that works fine for now, but if humanity starts expanding into asteroid mining the sudden influx of new precious metals could very easily crash the prices.

Because other people want to buy it.

Why do other people want to buy it?

Because it's valuable.

That's a pyramid scheme, and the value depends entirely on the greater fool.

That's the most stupid normie take on cryptocurrency I've seen written in awhile and I've seen some absolute dipshit takes and no I won't be polite about that because people who bash crypto never are.

Do you understand the bitcoin mining process? Do you understand how halving works? Do you understand deflationary currencies? Do you understand the concept of a 51% attack? Do you know what the genesis block is? Do you understand that the Bitcoin network itself operates like an online ledger? Do you even know who Satoshi Nakamoto is?

If the answer is no to all of these questions you know fuck all about Bitcoin and cryptocurrencies in general. You're feeding people a load of bullshit and know it.

Metals are physical and limited by reality, crypto can be forked infinitely.

This is false, it also depends on what you mean by forked, for crypto to even exist it has to have a certain amount of computing power maintaining the network through the mining process. I know for a fact that most people who bash bitcoin like yourself have no understanding of the mining process or how Bitcoin has not been hacked. Now if you're talking about copycat coins, yes that's a thing, they're called clone coins for a reason and they often barely get any traction because the people operating them are morons hopping on a trend.

True cryptocurrencies are not simply a 'digital currency' they have had to have their own definition as a requirement because the technology is that new.