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RE: Bitcoin price to $7.5k? Monero Gold Scam, Ledger Attack, Exchange Inspection, Vitalik ETH, GitHub

in #blockchain6 years ago

Hi guys, please don't be mad at me. It's just that I have an unpopular opinion..
I do agree that a decentralised currency would have a positive impact on the world, changing the financial sector for the better. I watch your video's and others like Boxmining. Read books as "The age of cryptocurrencies" & "Before Babylon, Beyond Bitcoin" and I don't consider myself as a noob nor an expert. What bothers me is that cryptocurrencies are not widely accessible for small budget people like me. I live on the minimum due to health issues and I have tried a lot of options out there. To enter the cryptoworld I only have the option of firstly buying btc or ltc. I can't buy €10 worth of btc nowadays, due to the high transaction fees. I know the lightning network would change this dramatically, but that's not the case now. Don't misunderstand me, I don't hate crypto. I realised that btc as a currency as of now is useless, there's is little incentive for Chinese consumers & retailers to accept btc. The system of WeChat-pay, AliPay & Union provides much cheaper transaction cost. Even though it's regulated by the government, it's still a huge obstacle for btc to overcome. Other cryptocurrencies have more potential as a currency but most of them are not scalable.
As of now, my stance on btc is not to invest in it anymore. With all the hard forks that had been done and still coming, the brand Bitcoin is diluted in my opinion.
To see btc as a digital gold is an option, but the worth of btc is still based on consensus. What is keeping people from dropping btc as digital gold in favor of another crypto gold?
I believe in the technology behind btc and that will have an impact, but I do not see our World using btc as a currency. I hope that people reading my comment won't roast me, call me names etc. I think open discussion is needed and crypto-enthusiasts shouldn't blindly see it as FUD or downplaying btc.

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