All crypto is downstream to BTC - if it fails, everything else will follow. As with all money it hinges on trust and recognition. Do you know who holds the majority of BTC? Who is Satoshi Nakamoto? You don't even know who developed it (it was most likely DARPA) let alone who really controls it. I know how it works and what it is as I said I hold some BTC.
For now most of the money is in BTC. The only crypto worth investing long term is one that will be used by billions of people. Bitcoin will NOT be able to be used by billions of people. Lightning Network has many flaws and they will not be fixed. The 5 developers that control the bitcoin codebase have already made their stance to set a limit on Bitcoins capacity.
When the crisis comes where everyone will need use something outside their countries currency to conduct business (because their currency will be too volatile or hyperinflating), that will be the testing ground for crypto, not this bullshit small fry game we are playing in the market right now.
Crypto is NOT controlled by the Feds, the people have the power to choose what crypto they will conduct business in. The people will choose the crypto that gives them, the individual, the most power.
You miss the forest for the trees my friend, do you even get why Cryptos even began as an investment opportunity?
All crypto is downstream to BTC - if it fails, everything else will follow. As with all money it hinges on trust and recognition. Do you know who holds the majority of BTC? Who is Satoshi Nakamoto? You don't even know who developed it (it was most likely DARPA) let alone who really controls it. I know how it works and what it is as I said I hold some BTC.
For now most of the money is in BTC. The only crypto worth investing long term is one that will be used by billions of people. Bitcoin will NOT be able to be used by billions of people. Lightning Network has many flaws and they will not be fixed. The 5 developers that control the bitcoin codebase have already made their stance to set a limit on Bitcoins capacity.
When the crisis comes where everyone will need use something outside their countries currency to conduct business (because their currency will be too volatile or hyperinflating), that will be the testing ground for crypto, not this bullshit small fry game we are playing in the market right now.
Crypto is NOT controlled by the Feds, the people have the power to choose what crypto they will conduct business in. The people will choose the crypto that gives them, the individual, the most power.
You miss the forest for the trees my friend, do you even get why Cryptos even began as an investment opportunity?