RE: BITCOIN VS USD GROWTH POTENTIAL $BTCUSD

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BITCOIN VS USD GROWTH POTENTIAL $BTCUSD

in bitcoin •  2 years ago 

As for myself, I am holding off getting into BTC until this problem blows over. As it is, the concept of bitcoin has already "split" into at least 800 other alternative coins! What happened to scarcity of cryptocurrency? There is no intrinsic value, so how will scarcity be preserved as coins multiply like rabbits? Not to mention that transaction times are getting longer and longer for bitcoin, and the hard fork only improves this situation by a factor of 4. I have about a hundred friends who are scared to get into cryptocurrencies because of all the confusion. I don't know what to tell them.

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