Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is the smart choice not the entire crypto industry
by
hatshepsut93
on 16/12/2022, 23:56:42 UTC
But one of the major set back against Bitcoin's global image is the presence of other coins who are centralized and highly vulnerable in term of volatility rate and price stability occasion with uncertain events that happens within other centralized cryptocurrency platform.
Even with all this, Bitcoin have remain untouched and it users are the only one who are safe in this time of crisis most especially those who store they bitcoin in their private wallets.

Volatility or price stability, even centralization are not the main problems with them. The main problem is that they are scams, they are created only to be dumped to "investors" and then the devs abandon the so-called project. And the second problem is even deeper - blockchain and cryptocurrency technology is not fundamentally very useful, it doesn't solve some big problems, it doesn't solve many problems, and it's full of drawbacks. So even the few projects that are honest and have devs who really try to create something are doomed to fail.