You are viewing a single comment's thread from:
RE: MUST READ: Great article by Laura Shin on Forbes: Bitcoin Is At An All-Time High, But Is It About To Self-Destruct?
Its a nice article on the current state of affairs. Freedom is inherently messy and that won't be different for Bitcoin. If no suitable solution can be found for the scaling issue, the market will force a solution somehow at some point in time. It could either be:
- a change to the Bitcoin protocol
- another cryptocurrency taking over the lead role (probably a PoS system like Peercoin)
- something we have not thought of yet
Either way, these bumps in the road can be expected. Diversifying investments is key here.
Thanks for the well put reply!
Yes - diversification is definitely the key! I am not sure about pure PoS systens, as they tend to be very aristocratic and may scare off more real mass market users than attract any old-schoolers...
DPoS like the Graphene chains or Lisk seem better fitted, but also they lack in transparency of ownership.
And why should the masses switch from central banks to unknown private owners of their money? ;-)
My bet is the solution will come, 17 or 2018 ;-)