Bitcoin, while interesting as a first mover, doesn't represent all cryptocurrency. There are many stable coins (USDC, USDT, UST, MIM). Some are even decentralized and trustless, being managed exclusively via algorithmic smart contracts (UST, MIM). They are universally exchangeable for their fiat equivalent.

I don't know why everyone here is so fixated on Bitcoin. OP never mentioned it, and it was only mentioned in passing in the article.

Not all cryptocurrencies are Bitcoin. If you want a stable priced cryptocurrency, you can have one - that problem has been solved.

USDC, USDT, UST, and MIM are all stable coins. Some are even managed algorithmically via smart contracts (UST and MIM), neat!

Those are technical issues, not properties of cryptocurrency. Harmony One transactions cost fractions of a cent. Cardano is secured using proof-of-stake and uses no more electricity than your cell phone. Are you suggesting that because the first fiat currencies were easily counterfeited, that the whole idea was flawed?

Those are simply technical issues that are currently being worked on, not properties of cryptocurrency. There exist some cryptos today with sub-cent transaction costs. Others use very little energy due to proof-of-stake. Crypto is not some unmoving monolith, it is still rapidly innovating. The first fiat currencies were not immune from counterfeiting, and still aren't today, but were still better than carrying gold and silver around. The fact remains, cryptocurrency performs all the core functions of a currency better than our current system of fiat.

To all the naysayers, cryptocurrency is the evolution of currency. It literally does everything better than fiat, similar to how fiat previously did everything better than gold. From Wikipedia: To fulfill its function, money must have certain properties: Fungibility: its individual units must be capable of mutual substitution (i.e., interchangeability). Durability: able to withstand repeated use. Divisibility: divisible to small units. Portability: easily carried and transported. Cognizability: its value must be easily identified. Scarcity: its supply in circulation must be limited. Conclusion: It is more fungible, durable, divisible, portable, recognizable, and scarce. Cryptocurrency will take over.

To all the naysayers, cryptocurrency is the evolution of currency. It literally does everything better than fiat, similar to how fiat previously did everything better than gold. From Wikipedia: To fulfill its function, money must have certain properties: Fungibility: its individual units must be capable of mutual substitution (i.e., interchangeability). Durability: able to withstand repeated use. Divisibility: divisible to small units. Portability: easily carried and transported. Cognizability: its value must be easily identified. Scarcity: its supply in circulation must be limited. Conclusion: Cryptocurrency is more fungible, durable, divisible, portable, recognizable, and scarce than fiat. Cryptocurrency will eventually take over.

It's 2021 and the guy is advocating for censorship. Do your own homework - intelligent individual. I entrust your brain to make good decisions with the plethora of information and history available on the topic.

Exactly, and the context he said it in matters too. If you watch the full press conference, it's on how to disinfect surfaces - what works, and doesn't. So saying, "And then I see the disinfectant where it knocks it out in a minute. One minute" is totally in-line with the topic. Adding, "And is there a way we can do something like that, by injection inside.." while kinda dumb, is not saying, "Drink Bleach". "Drink Bleach" however, is exactly the headline 100's of media outlets ran with. Who pushed "Bleach" more?

Show me the video of someone saying the words, "Drink bleach". I know the media said that somebody said that, but why in 2021 can't I a video where anyone says that... Censoship?

This is literally the stupidest thing I have ever read.

You need a license to operate that there computer.

You're right, it's ok for corporations to get together and ban speaking about ' '. About what? ' '. Hmm, can't find any information about ' ', banning ' '. Who is ' '? Maybe we shouldn't work for companies that ban ' '? Did you hear about those new jobs at ' '? Hmm, seems they were banned. Sweet world you've dreamed up..

Dude, Google, M$ and FB banned ' '? They banned what? ' ' What is ' '. Sorry, it was banned. Must have been for the best? I don't know, want to go ' '? Maybe we should work for ' '. Nevermind...

Did you hear FB, M$, and Google banned ' '. "They banned what?" ' ' Did ' ' get banned? I don't know.. Maybe it was banned?