RE: Bitcoin next fork update

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Bitcoin next fork update

in crypto •  7 years ago 

Bitcoin should be digital money. It should compete with the U.S. dollar or other fiat currencies, and thus, a priority should be put on its use as a means of exchange.
Competitors are gaining because of bitcoin's inaction. They believe protocols other than bitcoin have continued to gain traction because they're useful for payments;

It's so weird why people are obsessed with this; it functions perfectly well and will probably never be used for regular cash, quite simply because there are so few of them. It works as a web payment so let's be happy with that.

I just hope the fork doesn't negatively affect price; and everything just carries on as normal.

Cg

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Cryptogee- thanks for response. I am leaning to looking at BC as more of a psuedo/commodity than a currency. It works well as a payment vehicle and the limited supply supports it's intrinsic value. I believe it has room to grow simply due to the cash that is being created by large money funds to invest in crypto sector. Being the main cross for all crypto/currency purchases it defaults as a buy not only to enter sector but being the granddaddy of all cryptos/alts makes it a must have for all funds being created for the sector itself.