Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Many consumers have exclaimed they will leave Bitcoin to go to an altcoin which suits their "needs" if they don't get their way in Bitcoin being perverted into a system to compete with Visa. What they don't realize is the consequences they will face if they choose this option.
full article: http://qntra.net/2015/09/consumers-begin-revolting-bitcoin-is-not-visa/
And what are the consequences?
read much?
before the end of 2015 there's about a thousand to a million different Bitcoin forks, each with its ten million-ish monetary base worth about a dollar, on global average.
The size of the inter-Bitcoins market, the complexity and confusion ensuing makes pretty much everything unmanageable for the "ordinary person".
Did he actually just predict altcoins?
Apparently. It was either very poorly written or very brilliantly written. I read the whole article and I couldn't wrap my head around it.
@Andre# agreed