Re: Advice I would give to myself if I were a Bitcoin newbie today
If everyone gives up mining bitcoin will end up centralized.
If you hold a sizable amount of coin I think it's only wise to invest in network diversity a little bit. You will not get rich though, that's for sure.
If you hold a sizable amount of coin I think it's only wise to invest in network diversity a little bit. You will not get rich though, that's for sure.
So true, if everyone would just buy BTC and holds, Bitcoin would not have future - like pyramid scheme
the term "pyramid scheme", although obviously not unpopular amongst fraudsters on the internet, gets thrown around a bit out of place. Don´t you think?
It´s the same with oceans. They are all salty, but not everything salty is an ocean.