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Topic: Is bitcoin the future or just a precursor - page 2. (Read 327 times)

legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
sometime in 2017 I joined the crypto space . I started out with faucets and other freebies which were the rave of the moment as of 2017. My first use of bitcoin to perpetuate transaction left me amused. The ability to perpetuate operations with people from all over the world without any form of geographical legislation or censorship, at low cost and without exorbitant fees often associated with other means of remittance I.e western union really endeared me to bitcoin..
My love for the bitcoin network was short lived because as the valuation of the bitcoin currency continued to rise, so also the adoption and utilization of bitcoin. This rise in use brought about expensive transactions fee and delay in confirmation of transactions. In my opinion, at some point, it was even worse than the traditional finance and remittance system of the world... Then I tried out the Ethereum blockchain and I was immediately astonished by its durability and high transaction performance but likewise increased usage of the ethereum blockchain and its exceptional support for tokens brought about clogging and sad decline in performance as at then..
Then I had to reconsider using bitcoin for my transactions, especially with the lighting network.. Well the market has gradually began to show signs of an uptrend and it's expected that more users join the bitcoin network?Do you still see bitcoin as the future of blockchain payment and  remittance or is it just a precursor to another blockchain startup which will shake the finance and remittance system of the world?
Feel free to share your thoughts and in-depth analysis of the subject matter..


Without a doubt, not only has Bitcoin made a great impact on you, it has also been a totally new economic experience for many of us who started in this world since 2017, just when the bullish bitcoin trend started, it was a pretty good year, considering that many projects were successful after taking advantage of the bullish trend phase, and its high price increase in the market, where the market was seen entirely in green.

Many businesses have come up with bitcoin, in fact it is still attractive how remittances can be made with the use of bitcoin, it is very good especially for countries that have deficiencies in their traditional economic system, especially those countries that suffer from economies with high inflation index.

For many it is still more profitable to work with bitcoin and send remittances through Western Union, other ways of sending money have also been looked for and changed to local currency through several platforms, in fact the development that has been presented thanks to Bitcoin has been impressive, and will continue to see much more in the short period of time, and as you mention, the bitcoin is having important moves, which makes many enter the market and start their adventure with the bitcoin and altcoins .
member
Activity: 224
Merit: 62
There is few ways to train a dog

Some of the most effective are positive reinforcement and becoming the alpha male.

With positive reinforcement that dog becomes "willing" to do as you ask. Chances are it will never trigger to bite you even if you piss it off a lot.
With scolding and negative reinforcement you become the alpha male. The dog may snap at anytime, they feel forced to listen to you out of fear. Sometimes that fear is overcome by their anger.

Take a look at the monkey world or gorilla world or chimp world or walrus`s.  The alpha male will scold the other beta males for trying to sneak behind and do the deed with his wives. No matter how many times the alpha beats the betas or omegas. They will find a sneakier way to do the deed with the alpha males wife.

The same goes for our prison system, they should be rehabilitation centers for the most part. The prisoners do not learn the lesson for the most part, they have been scolded, when they get out they just find sneaker ways to do crime. Some do self reflect and do become better people but for the most part repeat offenders is common. They don`t know how to blame themselves, To improve upon their own character, they rather just ask for forgiveness. Oh no big deal I killed 2 people and served my time, please forgive me "Deity name here"... and they go do it again because they feel that time was the justice. Rather than being rehabilitated, while serving the time in prison.  Now I am not saying asking for forgiveness is a bad thing, but using it as a excuse to cleanse your blockchain it`s a imaginary fork in your chain created by most religions, trust me that blockchain is there, those skeletons in your closet are not hidden, you need to be able to live with those skeletons next to you in the same room to achieve victory, it is how you become better, from falling and getting back up, how did we all learn to ride a bike? You yourself must first be able to scold yourself and realize that actions you made or thoughts you had were wrong and forgive yourself and not try but do your best not to do whatever you felt was wrong again.
member
Activity: 224
Merit: 62
Bitcoin is the foundation built out of "Kryptonite". We can form any buildings we want on top of it.  Grin
We could also build other foundations out of whatever, but I rather use this supply of kryptonite to build my base on.

https://www.youtube.com/watch?v=Gtffv9bpB-U

Although in the future you will see more kryptonite foundations being laid. Especially with how bitcoin has been advancing compared to some of them.
Don`t get me wrong I still think Bitcoin currently is the best foundation, but that could change.

Just like how xbox and playstation both host the same market of a game device, some people rather invest building(buying games and the system) on one platform than another.

It is in our best interest to just make one super platform. A platform so good no one else wants to use another platform. Rather than forcing a platform upon people with fear mongering.
sr. member
Activity: 1176
Merit: 301
sometime in 2017 I joined the crypto space . I started out with faucets and other freebies which were the rave of the moment as of 2017. My first use of bitcoin to perpetuate transaction left me amused. The ability to perpetuate operations with people from all over the world without any form of geographical legislation or censorship, at low cost and without exorbitant fees often associated with other means of remittance I.e western union really endeared me to bitcoin..
My love for the bitcoin network was short lived because as the valuation of the bitcoin currency continued to rise, so also the adoption and utilization of bitcoin. This rise in use brought about expensive transactions fee and delay in confirmation of transactions. In my opinion, at some point, it was even worse than the traditional finance and remittance system of the world... Then I tried out the Ethereum blockchain and I was immediately astonished by its durability and high transaction performance but likewise increased usage of the ethereum blockchain and its exceptional support for tokens brought about clogging and sad decline in performance as at then..
Then I had to reconsider using bitcoin for my transactions, especially with the lighting network.. Well the market has gradually began to show signs of an uptrend and it's expected that more users join the bitcoin network?Do you still see bitcoin as the future of blockchain payment and  remittance or is it just a precursor to another blockchain startup which will shake the finance and remittance system of the world?
Feel free to share your thoughts and in-depth analysis of the subject matter..
I still believe that Bitcoin is the future of blockchain payment ,
It is still upgrading and adopting to the huge number of people using it.
Just take a look back in 2017 when it is being pump due to the huge number of investors getting in,
The transaction was huge so there was so many delays but now that the system have adopted it is back to normal.
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
sometime in 2017 I joined the crypto space . I started out with faucets and other freebies which were the rave of the moment as of 2017. My first use of bitcoin to perpetuate transaction left me amused. The ability to perpetuate operations with people from all over the world without any form of geographical legislation or censorship, at low cost and without exorbitant fees often associated with other means of remittance I.e western union really endeared me to bitcoin..
My love for the bitcoin network was short lived because as the valuation of the bitcoin currency continued to rise, so also the adoption and utilization of bitcoin. This rise in use brought about expensive transactions fee and delay in confirmation of transactions. In my opinion, at some point, it was even worse than the traditional finance and remittance system of the world... Then I tried out the Ethereum blockchain and I was immediately astonished by its durability and high transaction performance but likewise increased usage of the ethereum blockchain and its exceptional support for tokens brought about clogging and sad decline in performance as at then..
Then I had to reconsider using bitcoin for my transactions, especially with the lighting network.. Well the market has gradually began to show signs of an uptrend and it's expected that more users join the bitcoin network?Do you still see bitcoin as the future of blockchain payment and  remittance or is it just a precursor to another blockchain startup which will shake the finance and remittance system of the world?
Feel free to share your thoughts and in-depth analysis of the subject matter..

Well, there's no perfect technology. You cannot expect something to be perfect when it pops-up, the problem with bitcoin scalability is slowly being solved by developers which where they came up with lightning network. Technology is a continuous development, so if ever a problem exists, people will continue to find solution. I still see cryptocurrency as an alternative to fiat regardless if sometimes there might be high fees or problem with confirmation of transaction, it will still be more convenient than using banks.
jr. member
Activity: 86
Merit: 4
 sometime in 2017 I joined the crypto space . I started out with faucets and other freebies which were the rave of the moment as of 2017. My first use of bitcoin to perpetuate transaction left me amused. The ability to perpetuate operations with people from all over the world without any form of geographical legislation or censorship, at low cost and without exorbitant fees often associated with other means of remittance I.e western union really endeared me to bitcoin..
My love for the bitcoin network was short lived because as the valuation of the bitcoin currency continued to rise, so also the adoption and utilization of bitcoin. This rise in use brought about expensive transactions fee and delay in confirmation of transactions. In my opinion, at some point, it was even worse than the traditional finance and remittance system of the world... Then I tried out the Ethereum blockchain and I was immediately astonished by its durability and high transaction performance but likewise increased usage of the ethereum blockchain and its exceptional support for tokens brought about clogging and sad decline in performance as at then..
Then I had to reconsider using bitcoin for my transactions, especially with the lighting network.. Well the market has gradually began to show signs of an uptrend and it's expected that more users join the bitcoin network?Do you still see bitcoin as the future of blockchain payment and  remittance or is it just a precursor to another blockchain startup which will shake the finance and remittance system of the world?
Feel free to share your thoughts and in-depth analysis of the subject matter..
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