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RE: Bitcoin Receiving Increased Investors Confidence and More Investment Coming to Cryptocurrecny Market

in #bitcoin7 years ago

Pawsdog point is completely valid. BTC has major governance issues - which suggest future technical improvements are going to be intermittent at best, and may not happen at all if the community gets completely locked.

That is just a fact. It is also a fact that there are many alt coins that are already technically superior to BTC and with better governance will continue to get better very quickly.

BTC may survive as a long term store of value, so called digital gold.

BTC has no chance to become a global payment system at this point. It is too slow, to technically outdated, and with poor governance has no chance to fix itself fast enough to stay relevant as a payment system