slippery

The blockchain is a distributed database. It works, but is slow and inefficient compared to centralized databases. It wastes enormous amounts of energy by comparison. I thought early on there would be some cool applications related to logistics or something, but 15 years later, there are almost no applications that are better than existing tech. It was a nothingburger. Bitcoin will never be useful as a currency. It is too slow. I don't know why people think it will be a good store of value because it has no use.

If your point was blockchain is not a fraud, then I agreed with you, not a fraud. I was just pointing out it has little if any practical use.

When people prove to be vulnerable to technobabble, wall street will be there to take their money.

Did you buy the car using bitcoin? If not, why not?