I like that Cardano is proof-of-stake, hadn't heard about VeChain.Why do you think blockchain is about avoiding fiat currency? The stablecoins aren't doing that. The Bahama coin and the Eastern Caribbean ones aren't either.
"Blockchain can be useful" is a totally different discussion than Bitcoin.
Bitcoin uses a blockchain. That's it.
Interesting. What does how much they release vs hold tell you?
Can you give an example?
You buy your gas in cryptocurrency?
And again, that it is a speculative investment, an asset class, is not being argued against. Black Booty Lover thinks it is a foolish one, I don't think a massive crash is coming anytime soon.
But the fact it is an investment that can make you money has nothing to do with the idea that is an alternative to central banks or whatever.
"I think this is an investment that will go up" is not about it taking over the money system. In order for Bitcoin to take over the money system, it has to stop going up.
If you think these are things to hold as investments, why are you using them to buy gas?
Unless I decide to get a cold wallet I can just invest in it as an index.
So you think Bitcoin is going to get 10x more valuable in 5 years but you would buy a tank of gas in Bitcoin?
Or are you trying to say you think that in 10 years it will have stopped growing in value and so it would be fine to buy a tank of gas with it then?
Add ADA Cardano, and VeChain to your list to look at.
[/QUOTE]
Sorry, "gas" is the name of rewards for owning some currencies. Similar to dividends or interest. And at some point you have to cash in investments. At some point I will start to cash in Bitcoin. I will have multiple income streams when I retire, this is just another one. Can't take it with you.
Cardano is solid. One of Etherium founders is doing this one.
VeChain is smaller. They have a deal with BMW now and growing. I like the fact Germans approve. They look hard into things. Decent market cap and low entry barrier. And immediate rewards.