/biz/ - Business & Finance

I've been doing a ton of research on bitcoin, cryptocurrency, and the technology and I've come to realize that you're all extremely mistaken and are going to cause yourselves serious problems.

I'm a technological anal.yst. I've been doing this for awhile.

I've watched about 8 hours of Andreas Antonopolous and Roger Ver videos and the conclusion is is that bitcoin (and most cryptos) are not scalable. Also, major problems with bitcoin. I'm a libertarian and I like the idea of privacy and non-inflationary assets, and I thought that people were using bitcoin to privately and securely move money.

But today I was told that every payment is actually pubic and perfectly traceable.
And that is recorded forever and unerasable so your internet service provider has basically the complete record of your tax evasion

Maybe other people will soon realise this too. I'm shorting this flawed technology