Dealing with cryptocurrency has been a learning experience that is similar for me to learning to deal with the wider world in other technology realms in the sense that most people are not engineers or technologically aware enough to know the full details of what they are talking about and I often have to adapt to that.. Bitcoin is no exception!
While I am not an expert in Bitcoin's actual source-code (or any code of any cryptocurrencies), I am very experienced in software in general and also quite experienced in banking systems and the internet in general. As a result, I often make observations about topics relating to Bitcoin and other cryptocurrencies that are only noticed generally by other 'techy' type people - all while the mainstream media's talking heads continue to blurt on about the topic as if they are experts when really they are just filling up air-time with distraction.
The issue of Bitcoin's transaction capacity, transaction fees and processing speeds is one that has been around a long time and it was immediately clear to me that it would be a major stumbling block for Bitcoin in the near future. The fact that the main Bitcoin chain has not been adapted to this and that the solutions to it are apparently not even close to being made live is a testament that something important is not present in the minds of those who are running the show. In the latest video from @JeffBerwick aka 
Aside from Jeff's apparent lack of understanding that Megabytes are not the same as Megabits - the general observations are relevant and worth listening to. The gist is that the suggested model of evolution for Bitcoin Core will take bitcoin away from it's original intention and towards something more akin to the traditional banking system, making Bitcoin Core something of a Trojan Horse designed to hook the population into using it and then ensnaring them into a control system that is not truly free. This is the standard method of operation for the planet's empire builders and psychopathic warmongerers who have placed themselves as heads of mega corporations and governments - so we are all obliged here to to do our due diligence research.
One interesting part of all of this is that while it is always wise to invest in the technologies that you yourself value and think should do well - the reality is that in the world of cryptocurrency, just like in the music/film/medicine industries it's not about the actual best succeeding at all! Those who succeed the most tend only to be those which are controlling the largest marketing funds that get them into people's minds over and over again. Most people are not educated or aware enough to truly know which options are the best at this point and so they rely on 'experts' to tell them and typically they are being programmed to trust shiny, plastic stooges instead of people with deep understanding and integrity.
The net result of this is that if you want to make money from trading cryptocurrency, you need to be aware that 'the crowd' are being herded like sheep towards particular options (Bitcoin) and that the price of Bitcoin surges in response to that. Therefore, it is possible to jump on the bandwagon and make money along with them. However, it is key to realise that Bitcoin is NOT the best cryptocurrency in terms of actual practical use, which means that at some point (likely quite soon) there will be a sustained surge in alt-coins (already starting now it seems) and this may very well see Bitcoin drop in price quite quickly.
The fact that many people still talk about Bitcoin as if it is THE crypto-currency instead of A cryptocurrency is testament to the degree to which people need to learn more about the big picture.
Jeff Berwick is someone who is listened to by many people on Youtube and elsewhere and often when he covers a story it has ripple effects in the wider world - I would not be surprised if this video from him makes some waves and contributes to the inevitable switch from Bitcoin to other coins!
Wishing you well,
Ura Soul
for Steem Witness!
