Post
Topic
Board Altcoin Discussion
Re: State of Alt. Coins - Post Mike Hearn Announcement?
by
Zer0Sum
on 17/01/2016, 22:23:13 UTC
Bitcoin "is a fucking toy" when compared to VISA and yet in it's realm it has done quite well at being better than cash for many things.  I know a guy who purchased land by taking it across international borders.  I've used it multiple times for things VISA was not useful for.

Bitcoin has maxed out it's design at 1/10000 of the volume that VISA does daily.

The entire crypto space is  a "toy" in the sense that it's a Zero Sum Game...
Where 2% of the players have made off with all the money... and 98% are bagholders in denial.

Stocks, forex, poker, sports betting, crypto... it's all 2% winners and 98% bagholders.