To be fair the developers of Bitcoin seem to have abandoned the original vision of Bitcoin, peer-to-peer digital cash, and has moved towards being purely a store of value.
As transaction costs increase and Bitcoin's usefulness diminish it is becoming more and more like a ponzi scheme, a pyramid scheme or a game of greater fools.
For what is the use of Bitcoin when other cryptocurrencies can be a store of value and peer-to-peer digital cash? I see none thus I see no value with Bitcoin.
As transaction costs increase and Bitcoin's usefulness diminish it is becoming more and more like a ponzi scheme, a pyramid scheme or a game of greater fools.
For what is the use of Bitcoin when other cryptocurrencies can be a store of value and peer-to-peer digital cash? I see none thus I see no value with Bitcoin.