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RE: Why Cryptocurrency isn't a bubble, but Bitcoin might be
I'm interested in crypto, but it's true that bitcoin has a couple of problems. First, nobody can agree what kind of asset it is or if it belongs in a new asset class. Second, it's impossible to value. Third, fees are getting out of hand. Forth, it uses so much power. Fifth, dang, I should have just written a post! Thanks for your thoughts.
If you're in crypto totally for speculation, bitcoin definitely is not a bad choice...but as far as utility goes, if you're actually interested in cryptos not only for profit but utility then Ripple, Litecoin, Iota, Cardano, Bitshares etc. are a better option. I recommend checking out coinmarketcap.com if you want to find some good altcoins to research further.
Agreed, so many people want to start investing in bitcoin without having any clear understanding of it or alternatives. Anyway, I resteemed this post, so I can easily find it later. :)