RE: Stablecoins: An Overview of Tokens that defy the Waves of the Markets / Bitcoin Cash: Happy Fork Day! 32MB

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Stablecoins: An Overview of Tokens that defy the Waves of the Markets / Bitcoin Cash: Happy Fork Day! 32MB

in cryptocurrency •  7 years ago 

Its not about you having a good life, its about preventing a complete disaster when people's investment of time and money evaporates like a drop of sweat in the Sahara.

The article clearly lays out why scaling is hard, and precisely why the coins (and more) mentioned are going to cross the rubicon of impossibility -- and fail.

You may be set for life, but plenty aren't. This is a warning so they understand the risks they are taking.

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Agree to this comment. So far cryptos look good to speculate and make some fast money but as a long term investment it is still too risky.

I get your point but an investment is always risk not just in crypto but in stocks or your own business etc. NO RISK NO FUN

What happens if you do not take a risk? If you do nothing? Correct. Nothing happens. Everything remains as it is.

  • You win nothing
  • You do not develop any further
  • You create nothing meaningful

Everybody has it in his own hands!

Agreed.Any form of investment is a risk so people should be prepared to lose that money if things go wrong. If you are investing more money than you can afford to lose, then you are not being sensible with your hard earned cash. I wouldn't totally trust medium because they rarely post anything positive about cryptocurrencies, anything on medium should be taken with a pinch of salt.