RE: Does The Market Even Care If Your Crypto Can Scale? Well, Yes...Eventually.
I wrote this on another comment yesterday, but is fits for this post as well.
I recently watched an interview with Bitcoin Jesus. His beginning investment in Bitcoin was recently worth $342M! Believe it or not, he has sold it all out and moved it to Bitcoin Cash. Here is what he said about it:
"Bitcoin transactions are getting slower and unreliable. The costs to transact Bitcoin cash are only a penny as opposed $50 for a $10K BTC transaction. Bitcoin cash is made to scale. In the near future, Bitcoin will continue to do well as money comes into this market. Eventually though the market will choose and it choose something that is low cost to transact with and doesn't have slow transactions. At some point, Bitcoin cash will overtake Bitcoin as the market's choice."
Great post and l love the graph. Haven't seen this one before.
I definitely think Bitcoin Cash has a bright future. Whether it can overtake Bitcoin before an even faster alternative steps in is still up for debate!
Exactly!
That's quite a mouthful.