The Economic Code of Bitcoin and Bitcoin Cash - Roger Ver
Roger Ver, a prominent supporter of bitcoin adoption sees bitcoin as a means to promote economic freedom.
In this video Roger explains why the economic code of Bitcoin is so important and why we may see a flip to Bitcoin Cash or something other than Bitcoin Legacy because of Blockstream's intentional full block and high fee policy.
Here Roger Ver explains the economic code of Bitcoin.
The Economic Code of Bitcoin and Bitcoin Cash - Roger Ver
Do you own Bitcoin? Do you use it for transactions or are you holding it as a store of value?
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Roger Ver is a big cry baby lol
Using Bitcoin for transactions seems to be "virtually" unavoidable within the crypto space because it is the standard entry and exit point from USD. You can usually use ether but the wallet I use for ether is not as user friendly as the one where i keep bitcoin. I really have to stop myself from using bitcoin for buying other coins because they are expensive to replace now and I end up comparing my new investment to the opportunity cost of just having held the bitcoin itself.
Bingo.
I was trading other cryptos but now just have BTC and Steem.
The fees have got completely out of control on bitcoin, and I don't think segwit will help.
I notice though that some exchanges are allowing people to trade bitcoincash directly for fiat, eg kraken has a BCH/EUR pair as well as a BCH/USD pair. Same with Ether. I think we shall see more and more people simply using bitcoincash or other alts and bypassing bitcoin altogether.
You're right. Highly probable!
Congrat to all BTC comunity!!!! Thanks for sharing!!! Here is a gif that I made for the Segwit countdown, I hope you enjoy!... https://steemit.com/bitcoin/@cryptophasia/segwit-is-activate
I just now readed your content.It's excellent content .
This post received a 😊😊 22.7% upvote from @srtechtube
thanks to @luzcypher! ,
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Bitcoin has the First Mover's Advantage it won't be overthrown that easily. Once the difficulty adjusts for BCH then you will see some equilibrium with the prices. BTC will be MUCH MUCH higher in the future and that is what these miners are gambling on.