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0 sats \ 2 replies \ @momboteq 15 Dec 2023 \ parent \ on: deleted by author bitcoin
Just remember that:
- 1 BTC = 1 BTC - big fee
- BTC has no scalability and mempool is clogged with transactions
- if you don't have $10k+ it doesn't pay to buy BTC because I doubt that you want to lose all the BTC with a few transactions (large fee). Theoretically there is a cheap LN network, but practically you have to pay a large fee to open a channel
- BTC is very inflationary. Every 10 minutes BTC is added and the amount in circulation increases. This is no different from the printing of fiat by governments around the world. A max 21M supply? Forget about it! By the time BTC reaches that, it's unlikely anyone will remember our existence. That is, in your lifetime it is a very inflationary asset with regular additions
And who is the shitcoiner here? Is this your "currency of the future"? If I want to buy a lollipop for $0.5 I will have to pay $30 fee? Very funny 🤣
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have fun paying big fees
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