BTC Missing features
Comment on my post on Bitcoin.
'“Belief” is doing too much work here. Hash rate at all-time highs, post-halving supply compression, and $50B+ in ETF inflows are not belief. They are measurable, on-chain, auditable fundamentals. BTC’s weakness is not the absence of fundamentals. It is that those fundamentals are unfamiliar to traditional analysts'
My Response:
"Hash rate at all-time highs" - no argument except that I can run my business with faster processors. No advantage for BTC.
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"post-halving supply compression" - I can do same in my production line. No advantage for BTC.
"$50B+ in ETF inflows are not belief "- SpaceX can do that by raising new capital.
I am asking for what BTC offers that traditional assets do not. But those traditional assets offer balance sheets, PNL, which BTC cannot offer.
