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RE: LeoThread 2023-05-08 00:19

in LeoFinance3 years ago

Bitcoin ordinals/NFTs are increasing fees and making Bitcoin even more exclusive to whales only. When new users seek alternatives to failing fiat they won't opt for Bitcoin, but rather blockchains that are less expensive to use.

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I stopped purchasing bitcoin a long time ago cos of that. It’s way too expensive for me. That’s why I try to invest more in the pennies, the memes and some other good less expensive projects.

Any suggestions for me to check out?

So many promising projects out there...

Aside from Hive, you could also look into Egld, Atom, and Injective

I’ve heard of only atom. Thank you. I’ll look at them

I do not think we can emphasize enough how important the lack of transaction fees on Hive is. Bitcoin and Ethereum keep proving this each time they have their fees getting out of control.

Bitcoin is never going to be the currency that some people want it to be.
It is a great store of value and like gold is better held onto than used daily.