I do agree of all the cryptos bitcoin at this point has shown the most stability and we have to use that term loosely as we know its not stable lol. I will say that bitcoin has a habit of losing 50% of its value when most other cryptos have the tendency to lose around 90%.. So bitcoin is good in comparison to that.

Yea, i have no issue with people liking bitcoin i just think bitcoin is nothing like people make it sound. I think blockchain technology has a possibility of some logistical and authentication uses.. However beyond that we know bitcoin is a horrible currency.. That the only actual use of bitcoin is speculative. Nobody is using bitcoin in any way but speculation but there are a number of issues with this.

Even if we look back to what Elon Musk pulled recently he may have caused a significant drop in bitcoin. I'm not sure what rate he caused the drop, i'm sure it was other factors. However i do believe he caused a significant drop. That means bitcoin is based more on its brand effect than it's use. That's very dangerous in my opinion.

I think the reason i find some hope in stablecoins whereas i do agree with the idea its oxymoronic to use stable coins that are tethered to fiat currencies which we ourselves don't know if they are really stable lol. We know they are artificially controlled.

There are several versions of stablecoins not all based on fiat currencies like tether.. Now there are some uses of stablecoins i believe that may be a bit more reliable. Just for an example we i created a stable coin called bbd. That ties to social network value. I want get into all the parameters of it as it would take too much writing.. i will say that there may be an area of use in stablecoins that are useful to people. A branded cryptocurrency thats only reason for use is in the brand effect just doesn't make me feel secure in the slightest.

Yes its bitcoin today but i mean there are cryptocurrencies better designed to act as a store of value than btc. You must recall btc is more like an incidental or accidental store of value.. many don't believe it was created to be a store of value which partly created the first bitcoin fork. Some believe it was a venture capitalist marketing scheme to make money.

So things have to make sense in my mind. The more i think about bitcoin the more it becomes bitcoin could easily have a questionable changable future. It's 87% controlled by about 1% of the network. .who are these people and what are their intentions with numbers like that we don't know..Only thing they can hope to do is dump it on someone else. Bitcoin is a horrible transactional system and inferior in that even if i used it for commerce how would i do chargebacks? How would i get my money back?

So i see bitcoin as fun. .but i don't take it serious because not only do i question its store of value qualities.. it's lack of being a useful currency but also i question its decentralization. I dont think its the best decentralization model. As you said its no problemt to trade bitcoin if its for people. As long as people are as educated about it as possible.

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