3 ms·
«too expensive to transact» Proved wrong by 300k transactions per day willing to pay a median fee of $30+. «too volatile to be a store of value» Proved wrong
by mrb 9y ago
«too expensive to transact»
Proved wrong by 300k transactions per day willing to pay a median fee of $30+.
«too volatile to be a store of value»
Proved wrong on the long term; has shown to be a fantastic store of value over 7 years: http://bitcoin.zorinaq.com/price/ http://bitcoin.zorinaq.com/price/
«too technical»
Only gets easier over time.
«too fragile since it gets hacked »
Hardware wallets have pretty much solved hacking (plus can be backed up on paper in case they are lost, etc)