Intentional F.U.D. Alert...
FUD stands for fear, uncertainty and doubt and people usually bash people for spreading them in order to crash the price of things so they can get in at a lower price or recoup losses from short selling or something else.
However...I honestly think that Bitcoin owners SHOULD have fear, uncertainty, and doubt right now...I don't own any and I don't want to. I've been seeing the insane success of it in recent weeks and I'm just in awe...there's no reason for it.
BITCOIN IS THE WORST CRYPTOCURRENCY for MANY reasons...
- Current fees are around $5 making it useless as a "currency" and making it only "digital gold" at best.
- It doesn't have a single feature that makes it better than any other currency other than its large media coverage
- Transactions are all public unlike Zcash/Monero (and soon Ethereum)
- ETH supports smart contracts which allow the currency to be used in much more meaningful ways.
- Byteball supports practically infinite scaling by using a directed acyclic graph instead of a simple blockchain.
In conclusion...Bitcoin sucks and you will all get your just deserts when your greed leads you to hodl on a useless artifact of what will ACTUALLY change the world. (the blockchain)
P.S. If you think I'm wrong, what's one good reason why Bitcoin is any better than Ethereum, Zcash, or Byteball other than the fact that it's already a big network.
