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Review on Bitcoin by Wes A

Revainrating 5 out of 5

Tried and true, Satoshi's original vision is a no frills, straight forward…

Tried and true, Satoshi's original vision is a no frills, straight forward approach to the basics. Having stood the test of time and withstood endless bouts of FUD and doomsaying, Bitcoin is a reliable medium of crypto exchange.

Lack of revolutionary development is a double edged sword for Bitcoin. On the one hand, there are those that believe it's only a matter of time before Bitcoin is dethroned as the King of Cryptocurrency for to it's lack of innovation. However, it's the bare essentials and resistance to hacking and buggy upgrades that has contributed to keeping Bitcoin strong and reliable.



Pros
  • Bitcoin has a well established user base, countless integrations and services and is becoming relatively stable in terms of value, making for a strong investment vehicle and store of value.
Cons
  • There are not a lot of overwhelming issues facing Bitcoin. Slower transaction speeds and higher fees can prove frustrating during high use periods.

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