I see a lot of optimism about bitcoin, which is understandable seeing the price recently.
But I have to admit I'm a little worried about the long term future of btc.
The major problems if the currency still haven't been dealt with. I see 2 major ones:
-Block size. Which makes the delay and fees of transaction rise very fast. Smaller transactions are more and more difficult to make.
-The centralization of the market. China got low cost electricity, which make them by far the most bitcoin mining capable.
-And maybe others that I'm not aware of.
Another thing: The Hard forks that are oddly getting much more frequent than before. (BCH, BTG, Segwitx2 etc...) It almost looks like "attacks" in order to divide us. Now called "airdrops" by the community. Even though they're supposed to solve some of the problems.
All in all, this makes me really worried about btc future. I've been a strong holder since 2014, and I made quite a lot of money with bitcoins, but I begin to doubt now, even though the price is crushing ATM. Please help me keeping faith. Or should I switch to another currency ? Really thinking about ETH recently.
No need to worry or worry about the future of Bitcoin. Everything that happens in Bitcoin is positive, and there have been no signs of destruction until the date. If it tended to end, now the entire technological progress should end without new implementation.
I am one of the biggest believer of bitcoin and user of it. But we can't deny the fact that in this kind of world, there's no permqnent thing. So go with the flow only accept what happened. And Don't think about too much in the bitcoin because if you think it too much maybe you'll got stressed and maybe you can't handle it.