|
But seriously, both the mining methods and the crypto behind bitcoin WILL be broken. It's only a matter of time and I'd bet it will end up being much sooner than later. When either of those events happen the system gets ****ed.
While government sponsored currency also has risks of counterfeiting and fraud, they rev the system so they don't tend to happen on a large scale. When Bitcoin breaks it's likely to break very badly. With governments, outside of failing ones, they have an incentive in making things right if you're a victim of fraud, who's going to do that here? If you get ****ed you're probably going to stay ****ed.
|