RE: Bitcoin starts the year 2018 with a stumble

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Bitcoin starts the year 2018 with a stumble

in bitcoin •  7 years ago 

I see many many problems with BTC. Its POW, its firmly centralized in the hands of greedy ASIC miners, its increasingly long transaction times and high transaction costs compounded with its powerhungryness makes me doubt if this is the true storage of value. Its future is severely limited because of the path the Bitcoin core people has chosen. I use BTC only and only as a gateway coin currency. I have chosen DMD as the currency that i will do all things financial with because it is by design future orientated. BTC is held by me at most like 1 day. So no, seasoned and veteran crypto users are starting to wake up. I think there will be many other gateway currencies in the future, especially when interconnected blockchains and decentralized exchanges become reality in a couple of years. Bitcoins future is by choice (of the developers) not that certain. Best regards Dr DMD

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