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RE: People Ask Me What’s Happening with Bitcoin. Here’s Why I’m Dreaming Bigger.
I disagree as I think Bitcoin can still serve as the 'gold' of cryptocurrencies. Rather than transact in Bitcoin, it can serve as a long term store of value.
Thats a nice view of the future. And it sounds good :-). Who know my friends.
That's why life is beautiful... we can't know what will happen. Hope it remains that way.
I would love to see steem being a powerful trading coin. Hope that will not be overtaken by big companies. As Microsoft said (or is already... i don't remember) that will invest in ethereum. It can be a good thing but also bad.
Not a Microsoft hater but if there is company that has figured out how to turn sugar to sh*t it's Microsoft, if that is true I'd be running from Eth. And again, I am a noob but the way Dan went about EOS, he has successfully placed a trojan horse inside Eth with the ICO. Vitalik cannot be happy about this as he realizes that after a year EOS will be able to dump millions on Eth with one fell swoop.
I'm not a hater also, neither a fanboy!
Don't think Microsoft is the only one to do that, hehe. EA with Origin do same thing with s**t :-).
When i saw what means to own a console, how much you must pay to have free PC content :-)), how much you must wait to see if you can use modding on your game (lot of times impossible), how many times can't play because network down or not available... etc i said no to that choice.
But who loves it loves it, that's good for them.
The problem is that all over the road we walk these days, everybody try to squeeze money from you and keep you blocked in sh**y connections with their interface, or whateva and in fact not let you live life.
So, they can do that if we all pay and accept them.
And seeing how many sheeps comes around... huh. Please understand what i say and not come with arguing for sustaining corporations... Just see how many complains are all over the place about what happens now.
It is a transition world and it will pass long time till things will chill down a bit with some reasonable platforms and solutions for all.
That's why i hoped here will find a new way. And still do.
Here i found an article about steem blockchain power which is showing its weakeness. Maybe you can read that posts from:
@elfspice
He has a good point of what is going on here and with steem.
And regarding ETH and Microsoft, i'm sure i read it in my first days of crypto news, almost 2 weeks ago.
I will make a simple article with links to details, to just point that out if you are interested and we can speak there.
Let me know when you're done. I'd like to see that, it wouldn't surprise me at all if Microsoft got involved in another failing project.
True. As we don't transact in gold on a day to day basis the way we do with fiat. So Bitcoin will have a place as a store of value but it's hard to see it being a fiat replacement or as a coin to be used for fast and everyday transactions. Bitcoin can be seen as digital gold even though there will be other currencies that are much faster with fewer transaction fees to come along and do what bitcoin can't do. Steem is one of those much faster and highly scalable currencies.