Comments by "SAL" (@SAL-fs1mr) on "Did Coronavirus Help Bitcoin u0026 Cryptocurrency" video.

  1. Early on, criminals thought bitcoin was anonymous to use, but now that there have been criminals caught by tracing bitcoin, criminals have moved on to use other cryptos that are more anonymous than bitcoin.
    3
  2. Only a tiny fraction of all bitcoin is available for sale.
    2
  3. Your bitcoins sit safely on the blockchain until you regain internet access.
    2
  4. The bitcoin lightning network has been implemented to enable instant bitcoin transactions at practically negotiable fees.
    1
  5. #4 spot now.
    1
  6. Long term digital store of value independent of central banks is bitcoin's key utility. But for other than monetary role, bitcoin also doubles as the world's most secure time-stamping mechanism.
    1
  7. Bitcoin lightning network has solved that problem for small amount transactions.
    1
  8. Going by market cap, zilliqa is an ant compared to godzilla bitcoin...
    1
  9. You can run a bitcoin node on an average laptop.
    1
  10. Long-term storing of value on bitcoin base chain can already accommodate well over 100 million people. Low fee and instant transactions as well as privacy are achievable on bitcoin second layers.
    1
  11. If bitcoin becomes more valuable, then it makes sense that bitcoin miners will use more energy resources to mine it.
    1
  12. Plenty of website shops accept bitcoin.
    1
  13. Bitcoin lightning network is for the petty spending. No need for an altcoin like bsv to do that.
    1
  14. Hard as in hard cap on the supply, making it a hard money.
    1
  15. The value of any good is subjective.
    1
  16. Miners are going to do what they have to make a profit, mining bitcoin on a whole isn't going to stop due to costs.
    1
  17. Alternatively, why would I want to store my wealth on a less secure altcoin? If I want to store my funds in the most secure cryptocurrency, then it would have to be bitcoin. I don't mind paying a few bucks for the world's most secure network.
    1
  18. Not necessarily because bitcoin can be stored in a EMP proof way.
    1
  19. Bitcoin fits your criteria. Satoshi freely provided the bitcoin open source code and then disappeared without ever cashing out any bitcoin.
    1
  20. Because only a tiny fraction is available for sale.
    1
  21. Bitcoin is more like gold, no need for backing of a different asset.
    1
  22. Miners don't control bitcoin.
    1
  23. Lol! BSV implemented incompatible hardfork changes, like the increased blocksize and drastically manipulating the mining difficulty adjustment algorithm. I ran the old satoshi code, and it syncs ONLY to BTC!!! Bsv is just another worthless altcoin.
    1
  24. He's not a genius, just a conman who has successfully tricked people into thinking he's something he's not.
    1
  25. Plenty of online stores accept bitcoin. Sometimes it is valuable to have funds independent from Central banks debasement of currencies.
    1
  26. All the altcoins are too busy competing with themselves to be any real competition for bitcoin. Bitcoin's competition is Gold.
    1
  27. Matt it seems you don't understand the limitations of a 51% attack. At the end of the day, miners are just workers that have to answer to everyone running full nodes.
    1
  28. No that has nothing to do with Bitcoin.
    1
  29. And yet, no one has successfully been able to hack the bitcoin protocol. Mcafee is losing his marbles.
    1
  30.  @bendbreak8778  lightning network doesn't manipulate bitcoin scarcity and makes fees negligible. You don't need an altcoin like xrp to achieve cheap transactions.
    1
  31. You can only put a few hundred bytes of info on the bitcoin blockchain, and most of that is digital signature info, so no, there isn't room for any pictures to be placed on the bitcoin blockchain.
    1