[https://blog.goodaudience.com/basic-attention-token-bat-fails-to-live-up-to-its-claims-7b1a91d46b01](https://blog.goodaudience.com/basic-attention-token-bat-fails-to-live-up-to-its-claims-7b1a91d46b01)

Hopefully, we will focus on these FUDsters right here too including some essential considering on this subreddit, and never solely the positives/moon speak. There are some legitimate factors sure, and a few not so legitimate factors in that article.

I like to recommend everybody learn that bit, sure it is revealed when the coinbase added BAT and never a latest one however nonetheless definitely worth the focus on.

View Reddit by crypt3View Supply

bitcoinBitcoin
$
10,508.51
$
10,508.51
0.77%
ethereumEthereum
$
172.05
$
172.05
2.06%
rippleXRP
$
0.254655
$
0.254655
1.53%
bitcoin-cashBitcoin Cash
$
287.99
$
287.99
2.42%
litecoinLitecoin
$
64.67
$
64.67
3.7%
binancecoinBinance Coin
$
22.97
$
22.97
5.83%
tetherTether
$
1.00
$
1.00
0.12%
eosEOS
$
3.21
$
3.21
2.75%
bitcoin-cash-svBitcoin SV
$
129.15
$
129.15
2.85%
cardanoCardano
$
0.044464
$
0.044464
1.99%

4 COMMENTS

  1. >At this point, Bitcoin’s scalability doesn’t seem to be a barrier any more with the launch of lightning network.

    Lightning Network is in beta phase. BAT should not overly depend on experimental second layer payment channels.

    >BAT is similar to a government; they extract value through printing money for themselves, and through the ability to “tax” payouts at will.

    BAT supply is limited and governed by smart contract. We know how much BAT is allocated to User Growth Pool. It is transparent.

    >Conclusion Don’t invest in ERC-20 tokens.

    Where did this come from?

  2. Ok this Wannabe journalist seems to be very confused.

    Bitcoins average transaction fee as of today is approximately $0.70 and earlier this month it was as much as $2.18 to send a transaction on the network and well we all know it peaked out in december 2017 at $55 per transaction ;¬) No joke.

    [https://bitinfocharts.com/comparison/bitcoin-transactionfees.html#3m](https://bitinfocharts.com/comparison/bitcoin-transactionfees.html#3m)

    Now if bitcoin has problems, technical issues or if it forks how do you deal with that as Brave, Inc. how does Brendan deal with distributing the alternative bitcoins, how does he deal with a 51% attack when the hash rate on the Bitcoin network drops to an all time low should this ever happen.

    How many addresses own the majority of Bitcoin in circulation, how concentrated is the majority of the wealth on the Bitcoin network ?

    Bitcoin is not a store of value and very few people use the lightning network as it is complicated to say the least, and they tell you don’t risk more than you can afford to lose on the lightning network, well if that’s the case how can you afford to risk the financials of a project you’ve been building for 4 years or more on such a risky platform as the Bitcoin network.

    Now I know we don’t like to think of the Bitcoin network in this light, instead we choose to ignore the the hard truths of the Bitcoin network very concentrated wealth, slow, expensive, incredibly risky, highly volatile, likely to fork, could fail outright due to a 51% attack or something else entirely, perhaps an inflation bug there’s been a few of those in it’s short history, and no one to turn to if and when such things happen.

    It seems obvious to me that Bitcoin Is not suitable for the brave network.

Comments are closed.