I found a bearish perspective on bitcoin. What does the community think? : CryptoCurrency

The bearish perspective is that bitcoin was built to fail. Halving rewards guarentees it will never become widely adopted due to its inherent centralized distribution.

There’s also the problem of TPS, 5-7 TPS is roughly 600k transactions a day, not enough to service a small city let alone the globe. Even following the SOV (lol) narrative it allows people to make 2 transactions in their lifetime, hardly acceptable for real life. LN is still a meme and will never be successful, it’s currently bitcoins only dream of scaling, even if it were to work we can go back to centralized distribution to guarentee failure.

Bitcoin was only ever proof of concept, it was never an actual contender for a global payment medium.

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