Crypto Bros in the house?!?
🗣️ DISCUSSION 💬
To all the crypto guys that lurk among us. For those of us who are crypto-finance retards, what should we be investing in? WTF is the difference between Bitcoin and all the other shit?!? Help us out! I want to get in on this scam
Thats absolutely not true, there are many cryptos with a finite supply and still in the top 20 by market cap.
Also untrue, there are 5 developers that control the git codebase that all bitcoin miners must use. They have the say in what changes can be made and the miners have the say in what gets adopted. Holders of BTC get no say in what happens.
Bitcoin has several flaws and is getting more and more centralized over time. It can never decide anyrhing without forking, doesnt give the holders a say in what should be updated and when a quantum chip comes out that can break blockchain cryptography, i dont think bitcoin will react in time. It moves extremely slow and still has no smart contract dapps. Lightning network also has several flaws if you want to get into that.
It will never be able to hand millions let alone billions of transactions a day. It is limited in its growth potential over the long term.