RE: Why I'm Negative on Bitcoin

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Why I'm Negative on Bitcoin

in bitcoin •  7 years ago 

Agree, I do think the store of value or digital gold labels are just created to cover the problems that Bitcoin has right now. Bitcoin is "A Peer-to-Peer Electronic Cash System", according to the paper of Satoshi. If any deflationary cryptos can be the store of value, why not ETH(potentially), LTC, etc? I think ETH or some other smart contract platforms will dethrone BTC sooner or later. And all of those scammy fork coins will be worthless if they didn't put some real tech into the system.

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