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Re: Bitcoin
Jun 30, 09:23 PM 2020
ps, Bitcoin being used for speculative investment is a joke. The principle of Bitcoin is great, but the underlying technology is crude. My prediction is unless it increases speed of transaction, it will be eventually be overtaken by another coin.

While Bitcoin is being used for real payments, it is mostly being used by manipulatively traders.

Not to say bulls and bears don't manipulate other markets, and the SEC does jack shit because it doesnt affect their power. But it is far worse with Bitcoin.

My feeling is that Bitcoin is here to stay. There may be a coin that overtakes it but then because bitcoin has been here the longest and is the most widely known it will have staying power, it will be used more like a store of value than transacting.

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