May 8, 2021

GIL

Daily Global New Media

Bitcoin's Fatal Flaws (Top 4 Problems with Bitcoin)

1 min read

34 thoughts on “Bitcoin's Fatal Flaws (Top 4 Problems with Bitcoin)

  1. Scammers are getting much worse guys. They are now using my name and logo in comments to trick you. DO NOT EVER send money to someone from the comments or DMS. They are scammers 100%. I do not have anyone who trades for me and manages others money. Be careful!

  2. Good to know the other point of view of bitcoin. By the way, do you know that symblox is having the rewards campaign? So here it is, symblox is having campaign till december 11. Dont miss your chance to take this offer. Thanks!

  3. You are on point. I have always try to debunk some of these myths. The volatility seems to come from whales moving BTC to other currency or crypto. Money is like liquid that changes from one state to another.

  4. My criticisms of bitcoin.

    Bitcoin is slow as dial up. How will it address the expensive fees?

    Bitcoin lacks governance. How are upgrades to the network handled?

    The scarcity argument is dumb because bitcoin can be divided into satoshis. As long as the total max supply never inflates, that is what matters.

    Just like the video game industry. The console with the best specs will attract developers and win the console war. I believe crypto is no different once the markets start maturing.

    Proof of work is already outdated. Why spend all this equipment and giant warehouses when proof of stake can achieve the same results and be way more cost efficient?

    And last of all I ask, if bitcoin was not #1 in market cap, would you still recommend someone to buy bitcoin?

  5. Thanks for the amazing material you put out on here, Bitboy. I follow many cryptotubers but my loyalty stays here. So I just the hit subscribe button! Thanks again, man. Stay safe!

  6. I would like to thank you for the videos. I am new to Bitcoin and love the information about crypto. So far I have made a lot of money in only 3 months. Can you do a long term hold video?

  7. I like TRX and Sun token better 🕺🏾 much more room to grow it could be like getting bitcoin at 10 bucks! don't bet against the sun the light and the life of the world 🤣👊🏾 plus i cant afford btc @ 18k a coin or the fees associated with it! TRX moves in seconds and is almost free to send… its a no brainer 🧠

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