RE: Musing Posts

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Musing Posts

in musing-threads •  6 years ago 
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Cryptocurrency is the future of money. If the high volatility of crypto is addressed and it gets more stabilized, there will be mass adoption of crypto in all sectors of the world economy and once this is achieved, nothing can hold crypto down any longer.

Yeah... I think so.

Yeah... I think so.

No, I don’t think Bitcoin will be the future money. I think the current cryptocurrencies, of which Bitcoin is the first, and the best known, will be a transition towards a new, de-centralized, financial system.

Thanks for your response.

Bitcoin is like the king of all crypto currencies. it was the original and first coin so holds the investment value but as an future for money it is a no. Firstly it is too slow and too expensive for transactions. if we compare it to Steem which has no transaction fees then Bitcoin would lose out. Crypto currencies will be the future of money but we are still tears away from that.

There’s still a lot improvements need to be done. And it needs the support from the government too.