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    Author Topic: Is bitcoin the future or just a precursor  (Read 368 times)
    GospelCrypto2 (OP)
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    May 10, 2019, 10:04:59 PM
     #1

     sometime in 2017 I joined the crypto space . I started out with faucets and other freebies which were the rave of the moment as of 2017. My first use of bitcoin to perpetuate transaction left me amused. The ability to perpetuate operations with people from all over the world without any form of geographical legislation or censorship, at low cost and without exorbitant fees often associated with other means of remittance I.e western union really endeared me to bitcoin..
    My love for the bitcoin network was short lived because as the valuation of the bitcoin currency continued to rise, so also the adoption and utilization of bitcoin. This rise in use brought about expensive transactions fee and delay in confirmation of transactions. In my opinion, at some point, it was even worse than the traditional finance and remittance system of the world... Then I tried out the Ethereum blockchain and I was immediately astonished by its durability and high transaction performance but likewise increased usage of the ethereum blockchain and its exceptional support for tokens brought about clogging and sad decline in performance as at then..
    Then I had to reconsider using bitcoin for my transactions, especially with the lighting network.. Well the market has gradually began to show signs of an uptrend and it's expected that more users join the bitcoin network?Do you still see bitcoin as the future of blockchain payment and  remittance or is it just a precursor to another blockchain startup which will shake the finance and remittance system of the world?
    Feel free to share your thoughts and in-depth analysis of the subject matter..

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