Post
Topic
Board Economics
Re: Reality Check on Crypto
by
eaLiTy
on 17/10/2021, 17:31:40 UTC
Sometimes, this forum thinks that the rest of the world will flock to Bitcoin in droves because of its qualities.

Some people think that every potential user/investor will care about its decentralized features or its high value.
If anyone thinks that every investor in the cryptocurrency market really care about the technical aspect of a project, then it is a wrong concept as majority are here to make a quick profit and they will move on to other ones once they book their profit.

Since you added a poster of Vitalik Buterin, he was always boosting his invention of ETH and he always claimed that it will solve the problems BTCitcoin will never solve from the start and always mocking and now what happens to their scaling project is a comical tragedy as users are spending huge amount in transaction fees because of their inability to scale and still look at their valuation as they are soaring despite their higher transaction valuation.