RE: Your Crypto News on Steemit December 19, 2017

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Your Crypto News on Steemit December 19, 2017

in crypto-news •  7 years ago  (edited)

The part of today’s news that stood out most to me was that Bitcoin is becoming less and less useful as a currency. Right now- based off of market cap- Bitcoin is the fourt largest currency in the world. I do not think that it is possible for a CURRENCY to remain that large without it being used as a currency. However, I do believe Bitcoin is going to fail and another crypto will takeover (in the currency category) and I believe that Bitcoin will remain at the top (as an investment/asset) because if it collapses, people who do not understand crypto will drag all of the alts down with Bitcoin.
Thanks for the news!

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Thanks for your input yes I think if the price is going much more up what I think it will BTC will be more used for big companies and states then for normal people they will go and pay there stuff with Litecoin and other cryptos.
Have a nice day and thanks for being a true follower :)