SCTP is another robust alternative, offering features like multi-homing and multi-streaming. While powerful for specific applications, its adoption hasn't reached the widespread level seen with QUIC's rapid integration. #SCTP 5/6
#sctp 31: Many #crypto bros pretend that #bitcoin solves the "double spend" problem, aka the "byzantine general problem." This is one of the many deceptions they weave about the technology.
#SCTP 29 - What does it take to admit we're wrong about #bitcoin and #crypto? This is a super simple question and answer that most crypto bros want to ignore....
#ponzi #fintech #finance #economy
#SCTP 28 Another claim: #Bitcoin is "censorship resistant" which is utterly meaningless when it operates on a digital network controlled by the very central entities it claims it can bypass, and any network administration will tell you how trivially easy it is to block #crypto traffic if so desired.
#SCTP 27 - Probably one of the most common stupid crypto talking points: ad hominem attacks on anybody who disagrees with #crypto and #blockchain being the next big thing.
#SCTP 26: People argue that more fiat is used in crime than #crypto, but this is misleading. Fiat has tons of legit uses. Crypto does not, and as a percentage of criminal activity #cryptocurrency is more crime-adjacent.
#bitcoin #ponzi #crime #factcheck
#sctp 25: #crypto bros will often create distractions when debating about #blockchain by suggesting its critics are jealous
#bitcoin #factcheck #tech #finance #fintech #technology #debate
#SCTP 18 - I've consolidated the previous #18 talking point with another one and used that slot to address another issue: Is #bitcoin really "the most secure network?"
#SCTP 24: Crypto bros love to suggest that an elite cabal controls all finance. Their solution? Let an even less competent, more elite cabal control it instead!
reddit.com/r/CryptoReal...
#bitcoin #crypto #talkingpoints #fintech
#SCTP 23: In the #crypto world, usually the best "evidence" people have are personal, un-proven anecdotes about gains, that in all likelihood are fabrications.
#bitcoin #blockchain #fraud #scams
#SCTP 22 "Why do you hate crypto?"
One of the most popular #crypto talking points, accusing us of "hating" crypto - an emotional appeal when our issues are based on logic, evidence and reason.
#bitcoin #blockchain #finance #scams
#SCTP 21 "Crypto is trustless and removes 'middlemen':
One of the most egregious lies in all of #crypto is the notion that there are no "middlemen" and transactions are P2P and nobody can mess with your #bitcoin
#SCTP 30: "#bitcoin has failed tons of times - aren't you tired of being wrong about #crypto & #blockchain? Nope, because everything we've said about how crypto is useless is still true.
#SCTP 19 - Pretending #bitcoin's "hashrate" is a sign of security
Hash rate != "increased security" like proponents say, but instead, significantly more wastage of energy. It's one of the #crypto industry's many totally useless metrics
#SCTP 18: "#blockchain has potential"
16 years later they're still pretending at some point they'll find a valid "use case" for #crypto. Meanwhile it could disappear tomorrow and nobody except criminals and scammers and degen gamblers would even notice.
#SCTP 17: "#crypto is like stocks"
In an effort garner credibility through association, or to suggest it's not any worse, #crypto is often erroneously compared to traditional markets.
#bitcoin #blockchain #factchecking #finance #scams
#SCTP 16: "#Bitcoin is different"
As more and more crypto projects reveal they're nothing more than scams, bitcoin bros continue their desperate argument that "#crypto is not bitcoin" and that somehow their ponzi is not a ponzi like the others. This is false. These token schemes are 99.9% the same.
#SCTP 15: "It's still early"
#crypto bros have been saying now for 16 years that "#bitcoin is like the Internet" and it "has potential" but still can't point to a single useful thing it does for normal people. It's as old as the iPhone, but look how far the iPhone has come?
#SCTP 13: "Fiat has no intrinsic value either"
When #crypto bros are made aware that #bitcoin has no intrinsic value, they point to fiat and say it's the same, but it really isn't in some fundamental ways.
#SCTP 12: #Crypto #market #cap
Crypto people love to misappropriate terms from #TradFi and apply them to their digital tokens, despite this not making sense. The term "market capitalization" is one of those abused terms that doesn't have any real meaning when attributed to crypto projects.
#SCTP 12: "#MarketCap"
Crypto bros misuse a common #TradFi term, "market cap" when they try to impress people over the "value of the market." Market cap in the world of crypto is totally meaningless and misleading.
#bitcoin #crypto #finance #tech #wisdom #investing #markets
#SCTP 11: Debunking the #myth that #crypto helps "Bank the un-banked"
This is particularly important today as the administration has phony discussions about #debanking and how #bitcoin is supposed to fix that, which is totally false.
#factchecking #banking #btc #cryptoReality
#SCTP 10: Is #Bitcoin "digital gold?"
One of the most important counter-arguments against #crypto and its foolish notion that an intangible digital abstraction should be compared to #gold. Do #cryptocurrencies make good #investments? NO and here's why:
#investing #factchecking #cryptoReality
#SCTP 9: Arbitrary Claims
#Crypto Bros LOVE to make stuff up. They're prolific at taking traditional words and forging their own nonsensical crypto-related definitions. It's all meaningless and is another form of #Gaslighting
#bitcoin #blockchain #btc #fintech #wisdom #finance #tech #cryptoReality
#SCTP 8: One of the most common #crypto bro arguments is "so-and-so is using/endorsing/looking into #blockchain" and that's a sign of "success."
In reality, this is a distraction from the long history of failed adoption and false promises.
#btc #finance #tech #factchecking
#SCTP 6: The argument that #crypto is great for #remittances and helps #bank the #unbanked. A totally false premise that was debunked in my doc at www.youtube.com/watch?v=tspG...
#cryptocurrency #blockchain #scam #factchecking #finance #tech #ponzi
#SCTP 6: #Government
#Crypto bros love to talk about how evil government is, nevermind it provides virtually everything that makes their modern life safe and comfortable. That #irony is totally lost on them.
#cryptocurrency #blockchain #scams #cryptoReality
