Hi steemians!
Emil Oldenburg ( Cheif Technology Officer of Bitcoin.com) said that " Bitcoin is the most risky investment you can make, despite a recent spike in it's value."
He said that " I have actually sold all my Bitcoins recently and switched to Bitcoin cash, a new currency launched in August."
The main reason behind is the high fees and long waiting time for transactions.
He included, "when i sold my Bitcoins i had to pay £35 ($50) and wait 12 hours for the transaction, that's why i think it's completely unreasonable."
He also said that "company has stopped developing new services for the old Bitcoin network and now focus on Bitcoin cash."
What is Bitcoin Cash?
Bitcoin cash has lower fees involved, the old Bitcoin network is virtually unuseable, it's at bitcoin cash that the solutions are, that's where i see a future.
For more details you can visit this link
