Saw this about #bitcoin and you think it’s a great point until you realize that most of the technological advances have led to higher user costs…

Taxis are sometimes cheaper than Ubers now. That never happened 7 years ago. Get us in with cheap prices. Hooked on convenience. Cost goes up.

AirBNBs are hotels without the room service. So you now pay extra for cleaning OR have to clean yourself. It’s not cheaper.

Amazon is still cheaper than in store usually. But now when you want to go to a store…a lot of them have closed down leaving fewer options.

Netflix was cheap with great wide ranging selections. Now it’s expensive and a lot of great shows are on different services you have to pay for.

So this makes me wonder. What are the downsides/negatives of #Bitcoin that we are failing to see?

#bitcoin #btc #future #downside #upside #believeit

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These are companies that provide services.

Bitcoin is neither a company nor a service.

Very true and a good point. They all deal with technology/software though and all have human intervention.

For all the positives, there has to be negatives. To put blame on companies/people is completely valid. People and companies will determine how Bitcoin is utilized. So what could be the negatives?

Bitcoin is not perfect, far from it. But it is the best at what it does.

Many downsides can easily be mentioned.