No BoilerplateAug 15, 2024

Bitcoin is 15 years old.
To put that in perspective:

The web started in 1991. 15 years later, in 2006, we had youtube, twitter, amazon, ebay - the world was unrecognisable.

What have we got in that timeframe from #blockchain? Ashes.

"A thriving market for magic beans doesn't make the magic beanstalk real." - lib.rs

Magic Beans

Beware of empty promises and fraud.

Lib.rs
Show threadECHAEAAug 16, 2024
@noboilerplate
No wonder: it has been the opposite of scalable from the start. The more you mine, the more ressources are needed to mine a Bitcoin. Same for transactions.
Show threadECHAEA
@noboilerplate
Fun fact : the same can be said about deep learning and "neural networks"
Aug 16, 2024 at 7:51amWeb