Bitcoin is a honeypot to make crypto acceptable to the masses. It is NWO. It is openly hidden in the name: be it coin! That is fiat money.
To the problems of crypto:
Counterpart risk. You need energy to mine, to buy or sell.
Price manipulation, i.e. Wallstreet is making the price.
Crypto can be made in unlimited amounts, i.e. Bitcoin 1, 2... n, or Ether 1, 2 or crypto n.
Not useful work, except you think mining is useful.
That said, you might think I am against it. Not totally. A special type of crypto could be used for delivering secure emails or secure messaging. Secure means: Not only the content is secure but also the relations are secure. An intercepting middleman cannot trace who is sending what to whom.
The delivery of such emails etc. is paid by tokens or better and older stamps. I am suggesting an universal post office and all who deliver earn, the others pay. And you can have both roles. This is a new idea and a white paper will soon be published, so no one can patent it.
this hast got to be the most ill-informed garbage i've read all day.
you don't understand counterparty risk, you can't even spell it. bitcoin solves problems in this regard the only idiots introducing themselves to counterparty risk as it relates to bitcoin is when you don't hold your own keys.
wall street doesn't "make bitcoins price". what do you back this up with? what are you even talking about?
bitcoin has a hard cap of 21million. you're correct about the others (they're shitcoins though. bitcoin's all that matters) but you've still demonstrated no real knowledge on the topic.
i can't even make sense of the first two sentences.
not true: pull out the electric plug and will not be able to buy or to sell. That is a counterparty risk. Bitcoin is a distributd ledger, meaning other people's computers have to work (do calculations and use energy) in order you can sell or buy. It is even a multiparty risk.
The early birds who have many bitcoins make the price. That is probably not you.
You have not replied to my argument that the number of possible crypto currencies is unlimited.
The only you are right thing is that I used a wrong word, but English is not my native language, so thank you for that correcting my spelling.
Of course I know that Bitcoin has a cap. Bitcoin will only survive, if it is mandatory to use it, i.e. to pay taxes.
Bitcoin is a honeypot to make crypto acceptable to the masses. It is NWO. It is openly hidden in the name: be it coin! That is fiat money. To the problems of crypto:
this hast got to be the most ill-informed garbage i've read all day.