Quote:
Originally Posted by persona
Crypto still in it’s premature stages to what it could be in the near future.
Yes it is the future just like majority of the people couldn’t fathom paying for an item by scanning their phone at a check out five years ago.
It is here to stay whether some like to dispute that fact or not.
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Don't think anyone's debating whether or not crypto technology is here to stay. It is.
What people are disputing, is whether or not bitcoin or any of these current alts are what the majority will end up using in the future. It's open source...anyone from a teenage basement dweller, to governments, to current payment processors can create their own.
Just as the altavistas, geocities, and lycos' of years past, the entire landscape of a new technology can change in a matter of years...and former powerhouses can become distant memories....
The only thing propping up bitcoin now is simply the fact it was the first...and every other alt is valued against it. It is the slowest and most outdated crypto tech and basically impractical for minor transactions, as the fees will be more than the item is worth.