Hacker News Reader

I know for now that crypto currencies are really only worth something as long as they are used as “currencies”. I don’t believe bitcoin is currently being used as currency to buy/sell stuff, rather it’s used increasingly as an investment, which I don’t believe any currency should be especially when it’s this unstable.

View on HN

I think there's some belief that the current issues Bitcoin has in transaction rate/cost can be addressed in a software update.

The problem with Bitcoin is that the transaction rate/cost has been a problem for years now and the core dev team isn't budging.

These issues have already been fixed by other crypto currencies like Bitcoin Cash.

The core development team behind Bitcoin doesn't seem to be interested in fixing these problems for the time being.

Reply on news.ycombinator.com