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RE: Thoughts About Bitcoin & Steem

in #cryptocurrency7 years ago

Great Article @kevinwong!
I totally agree with you on the fact that Bitcoin is a crappy coin.

I posted rather a similar thought on my 🚀 What cryptos do YOU own? – October, 10th 🚀 just below:

Bitcoin was the first Crypto, but…

How is it so special? Its mining process is clearly outdated and other cryptos are trying not to use this incentive model nowadays as it is economically and ecologically inefficient. What does Bitcoin brings? Payment. I can name at least 10 cryptos that do the same faster, cheaper and with more anonymity.
Just ask yourself, if Bitcoin was not so “well-known” and the first crypto, would you have bought it?

Probably not…