bUt bITcOin iS BOomEr tEcHHH!!!!!

In 2017 I was genuinely concerned about Bitcoin’s future as a medium of exchange. The market was saturated with clones and forks. It looked like altcoins would be the future leader of price gains in crypto. I had overlooked supply and demand’s effect on price. It seemed too simple.

Don’t fork it up

Many mistook where the last bull market was headed and overestimated the immediate value in cheap crypto transactions. Low TX fees and times may be better for spenders but does that mean higher TX costs are better for holders? Should we try to keep spenders on platforms like BCH and XRP?How can we keep the adoption % of BTC high? Bitcoins’ deserve a long term home, they don’t need to go to traders or the undisciplined. It comes down to, higher token velocity is a form of inflation, even if indirectly.

Bitcoin’s Evil Empire Exchange

Coinbase might not have one of the best exchanges but they have one of Crypto’s biggest. The bay area based, bank doesn’t lack customer base, even if they have a bad reputation with many crypto investors. Despite flaws, Coinbase is the Bitcoin onboarder for many Americans and represents a step toward financial freedom for most.

Coinbase alternatives: Coinbase vs Kucoin vs Abra vs BRD vs Crypto.com

I prefer non-custodial exchanges when buying cryptocurrency with fiat/bank account. Exchanges like Abra or Bread don’t hold your crypto. If I do use a custodial exchange, I like Crypto.com or Kucoin. I put Crypto.com at the top for ease of use and quantity of cards/banks accepted. They also release funds quickly, something Coinbase doesn’t like to do for me. Even Kucoin now offers Visa/Mastercard purchases through Simplex and they have a killer selection of altcoins too.