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I think it's very fair to say that Bitcoin is not the best cryptocurrency. From a technical standpoint, it's probably near the bottom of the list. But it was t
by rybosworld 6y ago
I think it's very fair to say that Bitcoin is not the best cryptocurrency. From a technical standpoint, it's probably near the bottom of the list.
But it was the first and there is something to that in my opinion. Especially given the network effect.
What Bitcoin will never be is:
- A replacement for daily spending
- A stable store of value
What Bitcoin is, imo:
- An appreciating store of value/currency devaluation hedge
- Resistant to government intervention