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Check yourself.All progress was 'wasteful' with resources at one time. And yes, bitcoin is progress.


All progress was 'wasteful' at some point, but all 'progress' is wasteful. And yes, bitcoin is 'progress'.

I suppose Bitcoin is better than gold. Unfortunately, for BTC, we already have much more advanced financial technology.


Permissioned legacy technology is not advanced. The stronger, harder money wins. Good luck with your guess.


I am specifically thinking of fiat money, based on burrowing and fractional reserve banking. This has addressed many historical problems with fixed money/value supply that Bitcoin would have if it ever caught on.




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