10755
https://mee6.xyz/m/852105277239066646
I might end up eating my words about Solana though - seems legit.
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Institutions want BTC not altcoins just look at ETH ETF flows
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Dogecoin, Litecoin, Bitcoin Cash are all failed experiments. Nothing wrong with good old BTC
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its better than the Dollar and Gold that's the point
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that is also part of it. Sure copying and pasting garbage from BTC maxi website is cool and all, but it's still an unsustainable mess.
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the problem with BTC is, it's stuck with the transaction speed and lack of any serious smart contract capability. Also, BTC can't scale what-so-ever. It is what it is. At some point soon, it'll become unsustainable and pointless. BTC is also vulnerable to the 51% attack, which no modern crypto should be vulnerable to.
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like Bitcoin miners were in China because there were a bunch of coal powered power plants built by the state and nobody living around them so a huge amount of energy was 'stranded', that's why today Bitcoin mining companies are operating in places like Ethiopia due to there being these massive hydroelectric dams constructed and not much consumer demand
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what about? BTC's long term viability? It's common sense.
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I mean, Solana isn't bad, look at this. It's got legit use cases - and this is old.
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https://vxtwitter.com/solana/status/1749519927609057355
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to ride the current crypto wave, sure ETF's are an investment some institutions are using. However, when we're talking about moving money around the planet, tokenisation, cross-border payments, they aren't viable options.
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when trillions flow into the market over the coming 18-24 months, do you think retail are going to be even 1% of that?
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institutions do - who cares about retail - what do they know? This channel proves memecoins are best for now.
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It's a base settlement layer which you can build on top of
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if your argument is that Bitcoin's days are numbered because the bitcoin mining uses a lot of electricity I'm not sure what to tell you lol, lets move to PoS like ETH did 🤡 I guess time will tell?
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Bitcoin mining operations can also scale down when there are high levels of demand on the grid, they have agreements with electricity providers to do this so as to not strain the network
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Bitcoin miners can't compete with civilian/industrial energy customers so they have to be where there is stranded energy otherwise the miners will just be losing money, most energy that is produced can't be used and lots is lost in transmission
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SOL isn't a serious option. XLM is though. Mastercard just partnered with Stellar XLM.
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