RE: I think the btc fee plan might backfire and BCC will be king in 2018.

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I think the btc fee plan might backfire and BCC will be king in 2018.

in bitcoin •  7 years ago  (edited)

You've figured it out.

I try and take the politics out of things and just look at the technology and the facts. The fact is that BTC is not really a crypto CURRENCY any more and I can't for the life of me figure out why high fees is a GOOD thing. Sounds like the spin-doctors are in the house to me. If I want a store of wealth then I'll use gold and silver. BTC is in danger of making itself redundant. Positioning as a store of wealth with no intrinsic value or asset backing is a recipe for disaster IMHO.

As for Roger Ver, it's hard to tell if he is just talking the talk but I do like a lot of what he has to say. He certainly talks about Libertarian ideals that resonate with me, but there are a lot of people who hate him vehemently.

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"...a store of wealth with no intrinsic value..."

Yep, makes 0 sense. If crypto isn't good for transactions, it isn't good.

Not that I'm not Jelly. =p

Steem is a far better crypto than BTC or derivatives. Sooner or later, this will be come widely known enough that BTC will be eclipsed by Steem, IMHO.

Yes, there is a point in time in the very near future which will be a big deal for STEEM. Will it migrate to the EOS blockchain once it's released? That could be the moment both STEEM and EOS go to the next level.

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