Viewing a response to: @knircky/bitcoin-options-coming-to-wall-street
I think this is a good move into the mainstream where people who are not currently into crypto can get their feet wet. But I also believe that btc is the dinosaur that brought attention, and will not be able to keep up with the times. Like the situation with IBM later getting killed off by apple and microsoft. The big guy got the people to use computers and want them. The little guys had superior tech and won the long game. I am not an investor, but I do move crypto money at times. BTC is a clunky, expensive mess. I takes hours to get my cash moved with them. Here in SE Asia and I think in a lot of Asia proper, people use BCH instead now. This is somehow involved with China. People in that country rarely use of even see cash now. They are all using BCH to pay for everything with their phones and call it bitcoin. When they come to places like Malaysia where I am, they are surprised we still use cash and do not bring enough of it themselves. LTC is my most preferred - cheap fees and sometimes the money is already there by the time I login to my exchange. Second is DASH for me. Also fast, but not quite as reliable as ltc The mainstream is 95% users and 5% investors. When those users get here they will want to USE the money and BTC is a big fail there.
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| author | fitinfun | ||||||
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I'm glad to hear that people are actually using crypto in general as a day to day currency and not just a store of value. That is what will cause the market to surge. Easy usability and access. I've heard ltc is a faster btc, but also that bch has become faster than btc. It just so happens that what has been happening the last few years keeps happening, and is occuring again. BTC is like the weather; it rises highest in summer, 11k-12k, and now the end of summer is here, it begins dipping again, below 8k. In the winter to early spring, its low, 4k, and slowly starts it's rise again. Usability is speed, efficiency, and dependability. That is what this space needs.
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| author | eoinroi | ||||||
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I hear bch is a good coin for use too, @eoinroi. I am in SE Asia where many use it and it is one of the main transacting currencies in China now. I think things are changing faster than we know.<div class="pull-right"><sub><a href="/@steemreply/steemreply-stay-in-touch-with-your-steem-network">Posted with <img src="http://steemreply.com/logo-comment.png"/></a></sub></div>
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