BitcoinFirst of all, sorry but I don't see Bitcoin being viable for everyday use by the average person, I don't see it being used to buy daily items like groceries, clothing, and to buy a quick coffee on the high street. You just cant stand at a till and wait 10 minutes for that first confirmation to go through, before they pass you your cappuccino which is now cold!....and... sadly...'sooorry Sir/Madam, but we doown't dooo reeefunds, and you got no chance of getting one!', (Damn.. why didn't I just pay in fiat).
On the other hand, given that Bitcoin is the Daddy of all alts, and will, or should, always be the front runner, I do see it as a means for banks, and companies, to transfer funds globally, quicker and 'much
much' more efficiently than the current, labour intensive, extremely costly, time consuming method that is currently used. Also Bitcoin will prevail for online purchases, and to fund your gambling addiction
Litecoin I do have my crystal ball in front of me
, and I see Litecoin, the coin used for settling bills, because it already has a large following and user base, quicker transactions, 2.5 minutes, and will be used, maybe while out at the local restaurant, or to pay your tab at a hotel you were staying..... Which you booked online with your Bitcoins.
An Ideal everyday use coin, would be which you will use at for example drivethrough, maybe like McDonalds or Burger king, or at a bar to buy drinks, and at the local supermarket, where every person in the queue behind you is hoping that you are
'not' a 'Bitcoiner', will have lightening fast confirmations, with transaction complete within a few seconds.
I see many coins trying to fit this description, and have been released lately, but the main selling point of a product, sadly, '
is the name'.
Who the hell wants to ask if they can pay in say, 'Feathercoin'.......'yes you can Sir, but do I get the whole chicken with that??'
or so the list goes on. Nothing screams out. Maybe good ideas, but 'come on' get the name right first!
BitbarIs a very different sort of cryptocurrency. It is something that is intended to be worth more than a Bitcoin, many bitcoins in fact. It is something your 'old time' cryptocurrency enthusiast cant get their head around, seemingly as nothing can be worth more than a 'Bitcoin' in the cryptocurrency worlds eyes. Bitbar is hard to mine, only 3884 Bars have been mined to date since the beginning of May. The name itself screams what it is...It is a bar, just like a gold bar, but intended to be a bar of bitcoins!
I believe Bitbar to be a good investment for the future, even for the name alone, this thing is hard to mine, rare, and unique among all new alt currencies.
Killiz
