Recently I have been looking at the numbers and wondering if we are kidding ourselves.
Consumer sales transaction numbers are trivial
It fails as a remittance vehicle due to the buy/sell delta
Chinese moving money offshore 58% inflate transactions/price
Bitcoin playing mother hen to alt-coin falsley aids price
You'd never buy if calc replenishment costs
Mining it's wasteful and inefficient
My prediction is Bitcoin will be a casualty of showing the way but not having the legs to deliver. In part because of flaws in its design and in part because open-source projects lack direction.
Positively, I'm certain cryptos are here to stay and we will see the currency of the future emerge in the next year or two.
One last thought, it's money going into Bitcoin investment or rather crypto - infrastructure?
Consumer sales transaction numbers are trivial It fails as a remittance vehicle due to the buy/sell delta Chinese moving money offshore 58% inflate transactions/price Bitcoin playing mother hen to alt-coin falsley aids price You'd never buy if calc replenishment costs Mining it's wasteful and inefficient
My prediction is Bitcoin will be a casualty of showing the way but not having the legs to deliver. In part because of flaws in its design and in part because open-source projects lack direction.
Positively, I'm certain cryptos are here to stay and we will see the currency of the future emerge in the next year or two.
One last thought, it's money going into Bitcoin investment or rather crypto - infrastructure?