> Needing to rely on trust is a big problem that Bitcoin solves.
No, it doesn't. As soon as anything is external to the Bitcoin network, you now require trust. This is so well-known it has a name: the oracle problem [1]. Crypto Andys, of course, just double-down and say we need more crypto. Just like libertarians who when confronted with the problems of lack of regulation they will argue the solution is even less regulation.
> There's no single Bitcoin Chair than can tweak the policy or supply of Bitcoin that you have to trust.
Instead there's unaccountable miners who with 51% of the hash power can completely rewrite the rules with no recourse. Bitcoin has already forked multiple times [2].
> There are no charge backs
Chargebacks are a feature not a bug.
> no middle men that you you have to trust to not steal your money in transit
You have just demonstrated quite a lot of ignorance about Bitcoin. A 51% attack has nothing to do with changing the rules of Bitcoin, just to start. Maybe don't slam something you don't really understand?
> Needing to rely on trust is a big problem that Bitcoin solves.
No, it doesn't. As soon as anything is external to the Bitcoin network, you now require trust. This is so well-known it has a name: the oracle problem [1]. Crypto Andys, of course, just double-down and say we need more crypto. Just like libertarians who when confronted with the problems of lack of regulation they will argue the solution is even less regulation.
> There's no single Bitcoin Chair than can tweak the policy or supply of Bitcoin that you have to trust.
Instead there's unaccountable miners who with 51% of the hash power can completely rewrite the rules with no recourse. Bitcoin has already forked multiple times [2].
> There are no charge backs
Chargebacks are a feature not a bug.
> no middle men that you you have to trust to not steal your money in transit
FTX customers may disagree.
[1]: https://blog.chain.link/what-is-the-blockchain-oracle-proble...
[2]: https://www.cnbctv18.com/cryptocurrency/a-list-of-bitcoin-fo...