Is anyone still buying BTC or crypto in general?
Just not feeling the predictions out there of $20K for BTC by the end of this year. There's absolutely no basis that I can see for this price level.
BTC is popular and pretty proven, but it's slow due to the process of mining.
Coincidentally, the open process can also lead to breaks in the system, which causes significant security concerns.
Transaction costs are up along with the volume of transactions on the network. So, clearly it's not as efficient and that presents challenges from a competition standpoint.
BTC will make it annoying for everyday consumers to complete transactions due to price fluctuations.
Only consumers will use coin because leaders in industry are developing systems that work on blockchain as a method of efficiency and transparency, not really as a store of value.
Despite these obstacles, the main problem that I have is this concept of "greater coin adoption" or whatever they like to paint. How is transactions being completed on blockchain automatically gonna lead to greater coin adoption? I mean, maybe it will, but then again there's not actual link that proves this will be true.