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RE: STEEM IS ON THE RISE!!! But how long will it last?!

in #steemit7 years ago

Crazy as it sounds, I know a guy locally who runs a successful IT service, he of all people claims bitcoin will fail, it will be reigned in and shutdown, and that it's bad since criminals use it...

Well the bankster criminals are CREATING the paper money, so what's worse? The currency used by some criminals or the currency that's created by criminals?

I do think bitcoin's electric usage will cause it to crumble one day, but cryptos are here to stay!!!

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Wow lmao, yeah that makes noooooo sense at all. The federal reserve is literally pumping out millions a day inflating our hard earned money smh

I do agree with Bitcoin and Ethereum's electrical usage eventually leading to some problems down the road, which is why I recently invested into EOS that bypasses the whole mining problem. The supply is troubling, but proof of stake is a way better method in my opinion!

Yep, so you need to buy 47x more EOS to equate to the bitcoin supply... Still though, prices seem good now. I'm a believer in EOS too! :)

HAHHAHA Righttttttt! It's going to be interesting 6 months from now when the actual platform drops! Fingers crossed we see an Ethereum like rise until then!

How do you feel about Iota?!

Don't know much about it, except that it's fast and sustainable, right? :)

Absolutely! the tangle network is waaaay better than blockchain in every way. The more people who use it, the faster it goes, and no fees! You should check it out when you get a chance!

When is Wall Street going to realize these tiny alts are the way to go? Hopefully after we all have plenty of them in our virtual pockets XD

Haha exactly!! They will learn eventually 🤷🏿‍♂️

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