I'm long Bitcoin but not BTC. Now that BTC is no longer the Bitcoin from Satoshi's Whitepaper I fundamentally see no use case for BTC's side chain scaling strategies. Way too complicated and cumbersome. Bitcoin is supposed to be easy, simple and scale-able. Bitcoin Satoshi Vision (BSV) looks interesting as it aims to continue Satoshi's Vision.
I used to love the BTC version of Bitcoin until reality set in during December 2017 when I was having to pay over $50 per transaction on the BTC blockchain. I realized then what so many people were saying that BTC needed bigger blocks. But BTC decided to create a side chain (that is a work in progress). Since then I've grown doubtful BTC can scale off-chain. I...
I used to love the BTC version of Bitcoin until reality set in during December 2017 when I was having to pay over $50 per transaction on the BTC blockchain. I realized then what so many people were saying that BTC needed bigger blocks. But BTC decided to create a side chain (still not scaling). Since then I've grown doubtful BTC can scale off-chain. I lost hope in...
Trump vs. China trade war + China's economy slowing + USA gov shutdown + High global debt + Falling demand for crypto mining rigs = This EFT may become VERY volatile....
Are chip company earnings a leading or lagging economic indicator?
