When I look at the fundamentals of Bitcoin it does bother me. It might never be used as a true widespread currency. Instead its being treated as a commodity (like gold). Transactions slow, heavy power requirements and other cons are working against it as newer and improved cryptos step into the space. But bitcoin has generated one critical thing, some degree of widespread acceptance that it does have value. For that reason it is not going away anytime soon. But I hope I'm not still holding onto it when 2-3-10 other cryptocurrencies come along that achieve that same level of widespread acceptance and kick the king off the throne. Again, not because it's going to go away completely, but its perceived value may be dramatically altered. It's sorta like how Pound Sterling was the strategic reserve currency of the world at one time. When it lost that status to USD, it also saw a dramatic period in which it lost value. But in the foreseeable future that not's something I as a bitcoin investor am worried about.
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