If Bitcoin fails, this would be why | Nic Carter and Lex Fridman

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Название	:	If Bitcoin fails, this would be why \| Nic Carter and Lex Fridman
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So it's irrelevant lol
Comment from : Caribbean Crypto Tips

This guy has some serious lack of understanding of how fiat works Inflation is only there as a margin to prevent deflation which is unstable and has high potential to ruin an economy Inflation is not a problem, as long as salaries are inflation compensated (unfortunately that's often not happening, but that's a different problem)brI am a strong believer in crypto, DLT in general, but bitcoin is absolutely worthless other than artificial scarsity and current hype (it has much higher fees than visa lol) Compared to other DLT, bitcoin feels like ancient technology
Comment from : hahhahahahha

I think he just said that a return to sound money ( ie the Gold standard ) would be the end of Bitcoin
Comment from : Gary du Plessis

Possibility 3: Bitcoin is just digital Beanie Babies and People realize it
Comment from : thomi77

Oof Serious lack of ability to perceive downside risk by Nic Very enlightening
Comment from : James Jenkins

Fud
Comment from : Memto

he can't imagine eth or cardano lmao
Comment from : MintyBidness

This guy lacks imagination I could think of several scenarios that would cause Bitcoin to fail I’m sure he ruled them out because he doesn’t want to think about it He’s in too deep
Comment from : Ruirodtube

Bitcoin is not scalable, it uses close to 1 of energy in the entire world to mine it and is held by far less than 01 of the population If just 10 of the population had Bitcoin it would use more energy than the the entire world to mine it!
Comment from : Pristine Fitness

If cardano delivers its promises, bitcoin will be almost obsolete…
Comment from : Ferry

Ppl talk about Fiat as if it is not backed by anything, rather than backed by Tax Law (legal obligation to pay tax), but Issued & spent mainly on the power of the 01 and asset bubbles (which is private bank created money by loans, not Fed)
Comment from : Platypus Paws

If centarlised governments turn Fiat to Digitak than Bitcoin is obsolete The US dollar is the only global currency can't see Bitcoin overtaking that
Comment from : William Tapealava

All fiat currencies have failed Bitcoin is a fiat currency too Gold is the currency of the world
Comment from : I Thomson

What if, and just hear me out here… what if controlled money supply was actually better than the alternative?brbrHypothetically, what if the fiat people have a better economic model and some inflation and debt to oneself isn’t such a big deal?
Comment from : Sean Hart

What if IRS imposes 90 capital gain tax on bitcoin just to kill it The moment central banks feel threatened , they are gonna do it Anyways, I'm not fucking selling
Comment from : Lazy AI

Two things: Efficiency and adoption The crypto that will win is the one that becomes mainstream
Comment from : KingLutherQ

"it's really hard to even imagine how that would come to emerge"brbrThere are literally companies developing these hard to imagine things right before his eyes How are you this smart, but this naive at the same time?
Comment from : Soma