CryptoCurrency : Tell me something bad about your favourite cryptocurrency. I’ll start.
BTC – Can be used only as a store of value. High transaction fees, not scalable, very slow
BCH, LTC and other BTC clones – Useless. Just products of greed. For making money by selling these as the next BTC.
ETH – Gas fee which increases as network load increases. Not a sustainable model. Not scalable.
Ripple – Banker coin, centralised, majority of tokens owned by creators.
Stellar – Better than the above three but majority of coins owned by creators.
Nano- Good as a currency but no smart contracts and no Dapps. Thus limited utility.
All ETH tokens- same limitations as ETH
Monero – Only advantage is private transactions. But even that privacy is not 100% . Hence questionable.
Neo and Cardano- Just doing what ETH is trying to do. Nothing more
Dash – No particular advantage over any of the other coins.
Newer DAG coins with smart contract support (Like Constellation, Vite and so on)- Unproven technology, not yet released. So just empty promises as of now.
EOS – The most hated coin on this sub (Personally, EOS is my favourite)
Tron and Vechain – I have totally neglected these coins till now. Never bought or read about these.
HOLO – Great promises. Unlaunched and unproven technology. If what they say is true, it will be a huge paradigm shift for crypto. But personally I have doubts about the validity of their technology.
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