okay, a little thread on cryptomarkets and what I think is going on:
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but bitcoin is too volatile at present to make something like that sensible to build/use outside of people invested purely in the idea of the thing
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volatility is a direct consequence of lack of liquidity, as it spreads further and traps more resources, its USD price will likely cease to matter for the prices it denominates.
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BCH, being more liquid, is already way more stable than BTC.
End of conversation
New conversation -
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Granted am no expert on crypto or blockchain technology, but I also have observed these weaknesses that Bitcoin in particular fails to address to become a real and useful means of exchange.
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Nevertheless cryptocurrencies & blockchain show too great a promise to be ignored. Bitcoin itself will probably collapse leaving the scene in despair until patient persistence can develop a solution that can sustainably resolve its challenges and deliver its promise.pic.twitter.com/PYMWiXL7YJ
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I am speaking of bitcoin in particular. crypocurrencies in general hold great promise
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I understood and agree. Was trying to concur with your arguments in particular.
End of conversation
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