I'm interested in crypto, but it's true that bitcoin has a couple of problems. First, nobody can agree what kind of asset it is or if it belongs in a new asset class. Second, it's impossible to value. Third, fees are getting out of hand. Forth, it uses so much power. Fifth, dang, I should have just written a post! Thanks for your thoughts.
RE: Why Cryptocurrency isn't a bubble, but Bitcoin might be
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Why Cryptocurrency isn't a bubble, but Bitcoin might be
If you're in crypto totally for speculation, bitcoin definitely is not a bad choice...but as far as utility goes, if you're actually interested in cryptos not only for profit but utility then Ripple, Litecoin, Iota, Cardano, Bitshares etc. are a better option. I recommend checking out coinmarketcap.com if you want to find some good altcoins to research further.
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Agreed, so many people want to start investing in bitcoin without having any clear understanding of it or alternatives. Anyway, I resteemed this post, so I can easily find it later. :)
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