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Posted on 4/27/18 at 3:02 pm to
Posted by DaCajun1
Member since Jul 2007
1496 posts
Posted on 4/27/18 at 3:02 pm to
.

This post was edited on 3/25/19 at 12:56 pm
Posted by HempHead
Big Sky Country
Member since Mar 2011
55518 posts
Posted on 4/27/18 at 3:06 pm to
quote:

How safe do you feel about your crypto currencies knowing that there is an unlimited supply of them


lol. While there may be an infinite amount of diverse cryptocurrencies, each one has a finite supply within itself.

quote:

unlike gold which has a finite physical supply? I'm still skeptical.


I have some precious metal holdings, just for diversity's sake.

quote:

If people like those better then isn't there a risk that people ditch Bitcoin like a bad pokemon cards.



Certainly. Bitcoin is inferior to other cryptos, but it has the advantage of first to market. Despite it's relative insecurity and lack of privacy compared to others, it is still the safest one at the moment. Should widespread adoption of something like Ethereum start to happen, I'll start transferring.
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