RE: One of the Co-Founders of Bitcoin.com Has Sold All of His Bitcoin

You are viewing a single comment's thread from:

One of the Co-Founders of Bitcoin.com Has Sold All of His Bitcoin

in bitcoin •  7 years ago 

Pretty much I began to look at the transaction fees and realized that those fees are unsustainable as a currency, but do I view bitcoin as a currency or an asset. An asset is a storer of wealth and bitcoin certainly does that and the scarcity of bitcoin makes it appealing as an asset. So I think I should view bitcoin as cryptos version of a gold bar. As far as a medium of exchange, bitcoin cash is better so the next couple months will be interesting indeed because I think bitcoin cash is going to continue to gain on bitcoin.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!