this post was submitted on 27 Jul 2025
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The main reason I don't care for bitcoin is I have to count a bunch zeros after the decimal point, before reaching a useful number. $1 = 0.000006128921 btc? Really? Screw those zeroes. Bitcoin is inefficient in so many ways.
It was far less valuable when it first started becoming trendy. 1 BTC for a pizza, or whatever. Now it's turned into a hyperinflation wheelbarrow kind of situation.
10 000 BTC for 1 pizza...
Deflation . This is literally what happens to any volute that cannot be printed indefinitely. The situation is complicated by the fact that many wallets are simply lost and bitcoins will never be recovered from them.