Re:Novogratz Halts Hedge Fund, Says Bitcoin May Drop to $8,000
by CryptoPunk on Saturday December 23, 2017 @01:04PM
(#15995362)
>>What happened?
Bitcoin Core betrayed the original vision of Bitcoin and hotwired it into a high-cost settlement system. The average transaction fee in Bitcoin is something like $38, which is more than the average weekly salary in many countries.
I believe that cryptocurrency will eventually attain mass adoption. The timeline has been pushed back a few years though because the main network has failed.
Bitcoin Core betrayed the original vision of Bitcoin and hotwired it into a high-cost settlement system. The average transaction fee in Bitcoin is something like $38, which is more than the average weekly salary in many countries.
I believe that cryptocurrency will eventually attain mass adoption. The timeline has been pushed back a few years though because the main network has failed.