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RE: Why I just sold some of my bitcoin

in #bitcoin7 years ago

I agree, and I think it plays well to comments I have made in the past in regards to BTC. It just needs to stop trying to be a payment system, it will never work.. Are you really going to pay a $5.00 transaction fee to buy a $1.50 Diet Coke at the gas station? It should be happy to be a medium by which other coins are bought and purchased. Even then it is going to have to step up its game if it wants to stay on top. While it has brand name recognition there is always a competitor out there that will find a better way to deliver your service at a better cost.