Jump to content

mrdube

General Member
  • Content Count

    25
  • Joined

  • Last visited

Posts posted by mrdube


  1. 10 minutes ago, OldandNerdy said:

    It was built to be a replacement currency for country based fiat 

     

    It's definitely not there yet, the network isn't scalable enough to be used for small payments, so instead it's currently being treated like an investment opportunity / store of value. 

     

    As it gets closer to the end of new coin generation, the price will bloom up again due to scarcity, and then eventually stabilize and then once it's not so volatile, it will be a useful currency. 

     

    Of course there are still some scalability and network issues, which once everything falls into place in 5-10 years, it will be usable as a currency.

     

    The big thing to remember is that it's not just about the coin, it's about the technology that runs it.  Blockchain is the revolution.  

    You are absolutely correct. Blockchain could be the most significant invention since the internet. It has the possibility to disrupt many brick and mortar industries. 

    • Like 1
×
×
  • Create New...