One thing that is so compelling about holding #BTC over fiat is SCARCITY! If you hold cash you lose ~2-3% purchasing power due to inflation. #Bitcoin is the exact opposite- it's a deflationary asset the amount is fixed forever. @MustStopMurad care to expand your thoughts on this?
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Do you see all the the qualities and use cases(privacy, transaction speed, lower transaction cost etc)of the other ‘monetary’ crypto coins being added to the currently more trusted security base of BTC to achieve this? Or other reasons for your bearish view on its competitors?
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yes, most important will be added to BTC. 1 separate differentiation is not enough to unseat BTC or even carve out a niche, the strongest money will absorb the rest, especially in the borderless non-violent realm that is the internet
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Interesting, where can I find more about your views on this? Any sources of information you feel should be learned? Books, blogs etc?
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