Bitcoin Cash #20

11/12/2017

Dear: Diary,

A few years ago Jim Rickards predicted that gold will be $10,000+.

BTC is now $10,000+. In a short-term perspective, BTC is actually replacing gold.

BTC initially promised; fast, confidential and reliable.

Whereas gold is heavy, easy to expose and hard to transfer..etc.

However, BTC is no longer fast, confidential nor reliable.

I wondered, how will the market react, once they have confronted the realities of BTC.

1. We know (but not many people know) that BTC is no longer confidential, it can be traced back.

2. It's no longer fast. It's even getting slower and slower by seconds. https://blockchain.info/unconfirmed-transactions;

3. Therefore, the network will no longer be reliable.

How long will BTC stands up for? As long as people neglect to see the reality of BTC.

Why don't people see the reality?

GREED.

Greed ignores facts, greed ignores danger, greed ignores all...

*Have a great day everyone.