MachuPikacchu on Nostr: Probably at least partially because they added “tail emissions” and therefore ...

Probably at least partially because they added “tail emissions” and therefore there’s no limit to the supply. It’s better than fiat of course but that’s heresy for most of us.

Another reason, as far as I can tell, is that due to its nature auditing the existing supply is nontrivial and if there’s an inflation bug for example then it can go unnoticed for a long time.

Others also point out that it’s not as anonymous as its proponents claim although I’ve never looked too much into it so can’t weigh in there.

And finally there’s the attack on privacy in general and online you can’t tell the difference between genuine public opinion and manufactured opinion from shitheads like the ECB. There’s very likely a lot of propaganda against it (not to say there’s not genuine disgust from real bitcoiners 😂).