• Vitaly@feddit.uk
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        17 days ago

        You don’t need to trust bitcoin because one of the fundamental principles of it is trustlessnes. the only problem I see is constantly changing price of bitcoin

        • dependencyinjection@discuss.tchncs.de
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          17 days ago

          And the immense resources required as well as the processing time for a transaction.

          Now I’m not saying someday a digital currency won’t work. Just it isn’t Bitcoin, plenty of other more viable coins but most people just gamble now.

          • E_coli42@lemmy.world
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            17 days ago

            I think Bitcoin was a good proof of concept that this system can work and scale. Ethereum is trying to be the viable option. I personally like Monero. I am sure in a hundred years or so if crypto is still here, it will be more viable and stable.