https://www.zerohedge.com/crypto/fed-down
The Fed Is 'Down' Tyler Durden's Photo BY TYLER DURDEN WEDNESDAY, FEB 24, 2021 - 13:21 It appears that The Fed is "down" as all FRB Servcies are currently offline including ACH and FedWire...
Translation: the official establishment-sanctioned method of transferring money in America is currently
Bitcoin is a shitcoin now tho.
The one real exception is Monero, it's well designed to be digital cash and is borne out of the cypherpunk manifesto mentality. Ethereum or a similar project will likely fill the role of a distributed computing network, I have my concerns about ETH. There are other niches as well including centralized coins like Stellar. Then there's even bigger picture projects that incorporate ideas like new internet protocols.
There's a lot of room for real projects, but yeah of course there's an absolute fuckton of shitcoins.
Bitcoin is overhyped, but the fundamentals are still solid.
Totally agreed on monero.
The fundamentals are dead. If you believe in Bitcoin's fundamentals you should be interested in Bitcoin Cash.
Only reason in fundamentals is in big blocks and little bit fuckery in bitcoin cash to make 51% attacks harder because they dont have enough hashpower so they got attacked before.
It's fine to shill Bitcoin Cash but keep i truthful.
Big blocks are the fundamentals of Bitcoin. The current iteration of Bitcoin is a joke.