RE: So many Bitcoin Forks — Is this dangerous or good?

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So many Bitcoin Forks — Is this dangerous or good?

in bitcoin •  7 years ago 

I personally believe that when it comes to cryptocurrencies in general, these bitcoin forks are doing much more harm than good. This is because most people don't know anything about the forked teams and are only investing due to their familiarization with the Bitcoin name.

It doesn't really give a fair chance to newer cryptocurrencies to grow their brand awareness because the Bitcoin name is diluting the market. Just my two cents.

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I think the forks might difficult things for many people, but i also think they correspond to internal challanges that happens to make the market stronger. But in general i agree with you that this forks do more harm than good.