There’s no lowest bidder here, how’d you even come up with that?
People employed in crypto are usually very well paid, because they have to be good at their jobs.
The absolute majority of cryptocurrencies is fully open source.
Seriously man, educate yourself before spitting nonsense.
Edit: I’d appreciate if anyone downvoting me provided their reasons for doing so, preferably with sources to back them up. I’m happy to provide examples to back my arguments up if requested.
Yeah, you hear about the things that go wrong and not about the ones that don’t.
I’m not saying everything is perfect, obviously it isn’t, but the people on here are talking about how incredibly shit it is without any redeeming qualities, which just simply isn’t true. It’s harder to prove a negative (that things aren’t bad), especially since nobody’s gonna write a “no protocol got hacked today, $x billion is safe” article.
Hardware wallets are safe, multisigs are safe. You can be safe if you put in the effort. If you don’t want to do it, that’s your call, doesn’t mean the system sucks.
Yeah difficulty is adjusted depending on how many “devices” (simply put) are mining, the target is a specific blocktime.
What’s gonna kill bitcoin is the ever decreasing issuance, but that’s not the problem of crypto nor mining for that matter, just bitcoin.
Have you skimmed over the point that I think that Ethereum (one of the few sustainably deflating cryptos) isn’t just a currency but also a base for other things that may also serve as a currency?
Also, it’s not bad for the currency itself, just for the economy around it. And again, I’m not saying Ethereum should replace the dollar.