Post
Topic
Board Speculation
Re: Bearish again? (Back at $5500)
by
1Referee
on 14/08/2018, 09:56:53 UTC
There's still a possibility that something greater than bitcoin will emerge (I sure hope it will not in upcoming years, but it is still possible)

Bitcoin isn't a company or a piece of technology.

Bitcoin is software that can be improved throughout the years and have second, third, fourth layers added to allow near instant settling payments, smart contracts, etc.

Bitcoin has its simplicity working for it. The less features you offer, the less there is to break or corrupt. People at the end of the day want only one thing, which is to dump their savings in Bitcoin as most secure chain and have it increase in value throughout the years. Usage as currency is something even the fastest crypto coins aren't enjoying, so why would it matter for Bitcoin? People simply don't care yet, and by the time they do start to care, LN is ready to serve them. Smiley