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Message
Posted on 4/27/18 at 3:06 pm to DaCajun1
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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