20190430-Bitcoin Ben-IOTA loses to BTC/LTC and Lightning Network
Bitcoin Ben (IOTA will lose to BTC/LTC and Lightning Network) -IOTA using their Tango technology lacks the market capitalization and availability of the general public to implement this type of ecosystem. -It’s not well known outside the crypto community. -It is NOT a blockchain . Some might think it’s a good thing. But it’s not in an blockchain ecosystem. -It will be replaced by Lightning Network –a second layer of BTC blockchain. By itself, it is not blockchain. it is a technology that runs on top of BTC blockchain. -Lightning Network is connected to BAKKT that is run by a company called ICE. ICE is the largest clearing house for the derivatives in the world. ICE also owns the NYSE. -The key is that ICE and its BAKKT project is going to inject liquidity into the BTC market. It is going bring $$$ into the crypto market/ecosystem. -Rumor is that in the beginning BAKKT will offer BTC, ETH, LTE, BCH. -On...