Lol, you want me to spell it out for you dumb-dumb? Ok
4.7% believed to be in the hands of a single person,
You're talking about Satoshi Nakamoro here. Other than a few test cases, no Bitcoin has ever been moved out of these wallets and Satoshi disappeared in 2010. People have continued to donate to these wallets over the years as a kind of tribute and to burn coins. While it's technically possible he's still alive, the fact that there has been zero movement from those accounts and that any movement, no matter how small, would immediately be seen and reported on makes it unlikely that these will ever be touched.
3.1% in the hands of four addresses.
Those are exchange addresses. It's like trying to say that 4 entities control a percentage of all US currency and then it turns out you're just talking about banks.
Deflatory so no incentive to use it to make transactions
Except of course the security, the fact it can be used across borders by anyone with an Internet connection, in poorer countries it can be more stable than their own currency, and just general preference.
Value depends on the network effect (i.e. a pyramid scheme)
This is absolute nonsense with "pyramid scheme" attached to the end. As more people use it, the value goes up because it's accepted more and more places and has a higher liquidity? That's literally part of every currency ever.
Small transactions now too expensive to be realistic
You show your hand that you haven't bothered to update your views on Bitcoin since 2019. Not only are fees back to being low on the main network, with the introduction and adoption of the Lightning Network, fees are down to pennies or less.
24% of the supply was created in the first year, 35% over two years.
Yes, that's how halving works. You present that with an insinuation that any point they could just mint more btc. This is ignorance at best, but more likely intentionally misleading.
Movement of funds takes too long to be useful.
Again, guess you haven't been paying attention for a few years. This issue has been solved with the Lightning Network with transactions usually going through faster than tap-to-pay transactions with a regular debit/credit card.
Those who got in early are guaranteed to be richer than those who got in late without having made any effort.
Welcome to every investment opportunity. Those who get in early take a higher risk for more reward.
So yea, every point either misleading, or straight up wrong.
I love posts like this, it lets me know most people still don't have the first clue what they're talking about. It's honestly a bit impressive how nearly every point you tried to make is either misleading or straight up wrong.
Have you not been paying any attention the last 20 years? When has 2/3rds of the public agreed on anything? The right still sees Clearance Thomas as a stand-up guy.
It's because you very rarely see people praising Biden as most of the left does not particularly like him, let alone worship him like the right does with Donnie Dipshit.
So essentially, you aren't mad at news that says "Trump bad, Biden good"; you're just mad at any news that simply says "Trump bad" and cant seem to fathom why there's not an equal number of articles saying Biden bad.
Well it's because one side is doing way more awful shit way more often.
It's really grocery stores fault. They sell them right next to each other and often have like 8 different brand choices of one but only 1 or 2 of the other which is nestled somewhere inbetween the others.
No, I mean for everyone saying that streaming white noise is a waste of bandwidth and resources, what exactly is an easier or faster way of getting white noise than just searching for it on something like Spotify?
I'm sorry no. Every time someone tries to say "oh well Russia was just pressured by NATO" that's all they leave it at.
How?
No really, explain. Explain how the only option for Russia was to invade their neighboring country and steal land. What negative effects would Russia be feeling right now if they hadn't invaded Ukraine?
"Well NATO was pushing up against their borders"
So fucking what?! Just because your country is so shitty that your neighbors choose to ally with someone else is not an excuse to invade them!
Kids should have access to CAD early in life. I grew up with it and mentally picturing, moving, and manipulating 3D objects in my mind is just second nature. I can even keep track of orientation (Front, Back, Left, Right, Top, Bottom views) with minimal effort.
When you need to get something wetter than you could on mist, but don't want any pressure behind it. Like wetting a ball of dirt and roots before replanting something. Mist wouldn't get all the way through and any pressure might wash away the dirt.
Did you read any required books in school? Did you parents have to fill out a form agreeing to those books? If not, then maybe "you need the parents to be on board" is a bullshit excuse.
So your experiences are:
"I was unconscious as a kid" (At least this one kind of fits)
"Took a lot of drugs."
And "I dreamt it"
Cool.