Next week the popular cryptocurrency event, The North American Bitcoin Conference (TNABC) will be hosted in downtown Miami at the James L Knight Center, January 18-19. However, bitcoin proponents got some unfortunate news this week as the event organizers have announced they have stopped accepting bitcoin payments for conference tickets due to network fees and congestion.
Bitcoin Blockchain Settlement Fees Exceed $30 USD At Certain Times of the Day
Fees are one reason that I moved most of my BTC holdings to other crypto and other investments a long time ago.
Another reason is that the BTC community is toxic, in particular the arrogant, dogmatic attitude of so-called bitcoin maximalists.
There are other cryptos that do not have these issues, and are for additional reasons more attractive as investments.
Bitcoin is an important prototype. It is analogous to the Ford Model A. There will be many failures in the crypto space, but the survivors will prosper, and for good or ill will transform finance and socioeconomic relationships irrevocably.