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      "body": "Myspace was the first kid on the block. Do you use myspace?",
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      "body": "@@ -1144,16 +1144,50 @@\n bitcoin \n+and keep the money in the network \n : HODL(t\n",
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      "author": "stiglg",
      "body": "WRONG. They will invest in bitcoin because it has the least inherent risk. Bitcoin has not scaled yet but it is in he process and it certainly has the capacity to scale. The lighting network is expanding everyday and the block sizes will eventually be increased. The bitcoin core developers don't agree but even still, it is way more likely to succeed than the competition because it is the first kid on the block and the most well known. Proof of work will not be a problem for an extremely long time and by then they will have figured something out. Being the first boy on the block is huge. I would say that bitcoin's only competition is ethereum and cardano atm so they are probably something like a 4% and 3% chance of becoming the international currency, respectively. Here is what institutional investors are thinking about bitcoin : https://s3.eu-west-2.amazonaws.com/john-pfeffer/An+Investor%27s+Take+on+Cryptoassets+v6.pdf \n\nAlso your argument that bitcoin has it's feathers because it is the largest financial gateway makes no sense. That money comes and goes very quickly. Negligible in comparison to the 3 main reasons people buy bitcoin : HODL(the largest percentage of bitcoin has been bought for this reason),  quick and consistent profits (panic sellers), and lastly to buy bitcoin only to sell it later and make the weaks hands get out.  The reason that bitcoin prices falling causes alts to go down isn't because of the pairings. It's because the fact of the matter is this : If you dont believe in bitcoin, if the market doesnt believe in bitcoin, then there is no reason to believe in any other cryptoasset.",
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      "body": "Most institutional investors won't invest in Bitcoin as it has no intrinsic value at it's core apart from being the first kid on the block.  It's also lacking behind in several aspect that would making it a useful currency. The changes are painfully slow due to lack of consensus within the core developers. Proof of work will also be problem as it requires a certain profitability for miners to have an incentive in maintaining the hashrate of the network.  \n\nIt will still hold value over time but it won't be much different than collectors items such as post stamps (which could be used as currency once upon a time, believe or not). As soon as you can easily exchange or buy other blockchain tokens without going through bitcoin, we're going to see it lose its feathers.",
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