I don’t think I can comment or try to provide logic anymore. No one really analyzes what Saylor moon is saying. It’s all bullshit, covered in fake tech nonsense. This sub is represents the bitcoin investors. Everyone here that talks anything positive, a deep dive shows it isn’t positive.
This sub investor strategy/mentality represents textbook bubble. Saylor says nothing of substance. Good luck to you all but you are falling for a trap. It’s probably of desperation. All the stuff he calls fud, isn’t fud, they are real concerns. I am done with this sub and warning you guys to be carefull. Everyone positive aspect about bitcoin has been debunked.
1. Bitcoin per transcation wastes termendous electricity. If something like YouTube, consumes more… think about what utility means.
2. This denxertailzed shit doesn’t mean anything. Every country doesn’t want their currency replaced
3. It’s not a store of value because it produces nothing and doesn’t even have any backing, other than Reddit users. And don’t forget volitility.
4. No question it’s used for illicit activities. Alll these exchanges and big players are setting you up for a scam. Because it isn’t regulated, you’re fucked
5. There are plenty of assets with better store of values.
6. Good luck. I feel bad for the poor thinking this is a way to get rich overnight. This is textbook bubble.