Here’s why I believe the scaling issue is irrelevant at this point.


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Just like the news, those who want control of an issue make it news. The issue is so embellished that people who don't put the news into context give it traction.

Bitcoin is still in it's infancy and by no means is ready to become the currency of the world or to replace fiat currency or visa cards. Those who try to persuade us that people want to use it but can't are making a mountain out of a mole hill. If they want to convert their bitcoin into useable, quick means, there are plenty of conversion options out there.

The system will evolve soon enough and do so safely. Alts are just a hyped trading option that offer no threat to bitcoin since they have to go through the same evolution. Their scale collectively is not where close to bitcoin. The ability to spend any alt is not even close to bitcoin. All they are is a "dot.com" idea that will eventually fade into the sunset. There is money to be made on trading but the pump and dumps are something we'll have to weather though.

Bitcoin offers an incredible store of wealth. A Cambridge study showed that only 3 to 6 Million people use or own bitcoin. And we're at $1200. Turn down the noise of scaling and minders, just study bitcoin until you can explain it to another layman, let them know about it, buy and hold as a hedge against inflationary fiat. If we do this globally and be patient on scaling the value will continue to grow.

Traders are another challenge but this will subside as the liquidity increases. Study when the short interest is high. Then buy what you can to add to your holdings.

We're going to be alright.

submitted by /u/BCJoey
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