Bitcoin is fucking dumb and useless

[oops_ur_dead]

I challenge any crypto shills to tell me one merit that bitcoin has TODAY that outweighs its negatives.

As far as I can tell it's absolutely useless for anything other than buying drugs and child porn online. It has no practical purpose. Nobody uses it, even the stores that do accept it only do so if it's immediately converted into real currency so it doesn't actually do anything but add a layer on top of normal payment for silicon valley tech bros.

In return the entire thing wastes a fuckton of energy for no purpose and uselessly increases demand on things like GPUs which have actual useful applications.

I'm even saying this as someone who has invested into cryptocurrency just because I think it's a fad that's not gonna die. At least I don't delude myself to cope with the fact that it's never going to actually become useful.

The saddest thing is that allowing people to buy drugs online is probably the only good thing bitcoin has done for society because it makes it so you don't have to risk getting shot in a parking lot or having your heroin spiked with lethal doses of fentanyl.