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RE: emergency BTC update 11.01.18

in #btc7 years ago (edited)

Well, I don't know how much everyone knows about BTC or not. But one big issue with it is how it processes Blockchain transactions. The fact that it keeps a record, that can be accesses by those in the know, I.E, government, means it's not the safest transaction in the world for those looking to circumvent, IRS or whomever haha. There are other currencies, at lower dollar point I might add, like Ether, that are a much much safer DC to use and transact with.

This is not a promo for Ether, I'm only using it as an example. But I would be silly not to point out, that it's base or foundation is stronger than BTC and therefore has a much much higher growth potential. As we speak, it's being incorporated around the world into payment systems, both banking and business, because of it's more stable structure.

Because of those aforementioned structural problems for BTC, I foresee BTC possibly collapsing over the next 3 - 5 years but dropping significantly before that, over the next 1 -2 years. However, there will definitely be another more stable and safer DC to take it's place, the only question is which???

Forgot to add this last night when I wrote this. Lite coin is also a really good DC to get into right now. It's more stable and way more secure than BTC. And might I also add, at a significantly lower dollar point, so much easier to invest in right now as well!!

Anyway, just adding some food for thought.