Schrödinger's Bitcoin: not backed by anything, but uses too much energy.
Impossible to understand and too complicated, but old tech and not innovative enough.
Inconsequential and will go to zero, but has to be banned because ... what if it doesn't, I guess?
Can be tracked perfectly by 3-letter agencies, but just to be safe we have to force regulation, self-reporting, and KYC upon everyone.
Can't be changed and can't be upgraded, but at the whims of shadowy super-coders that are supposedly in charge.
Too volatile so you can't use it and it's not a store of value, but let's put a tax on the 200% CAGR lmao
Isn't money and can never be money, but everyone who runs a lightning node needs to have a money transmitter license.
Share this Scrolly Tale with your friends.
A Scrolly Tale is a new way to read Twitter threads with a more visually immersive experience.
Discover more beautiful Scrolly Tales like this.