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RE: The Cryptocurrency Revolution is Simply a Revolutionary Way to Acquire the Old Currency

in #bitcoin6 years ago

I won't profess to be a crypto expert but I can see without needing much expertise that Bitcoin is already an obsolete technology. Hashgraph appears to have improved transactional speed, although to too has it's issues. The story of 21M bitcoins guaranteeing it's value is pure hope. A technology solution, by it's nature, will always become obsolete and worthless as a better technology comes along. The future is much more likely to be in a gold backed crypto, where gold provides the store of value and the crypto element provides the transparent transactional capability.

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BTC is dying in front of our eyes. 1,400 other crytpos are out there, one or more will be long term survivors.

BTC will end up on dust heap of history, as better technology passes it by.

I dare say only a small percentage of those 1400 will survive. It's the coins with utility that can be used in business that will survive.