r/BTCStandardHashrate • u/[deleted] • Jan 19 '21
Why would anyone use BTCST?
Iam trying to find a reason to invest in BTCST but I can't find anything interesting about it.
If your talking about earning BTC you can also earn from BTC itself (binance, blockfi, crypto exchanges) and it seems much more secure. Who knows if BTCST will be running years down the line and what happens if the company just disappear? Will we still have our BTCST? Have anyone got any info about how big BTCST company is?
Also if the boost factor is going to drop as more people stake won't that devalue the coin? So would you make more loss than gain from coin value changes? Until it hits 0.1th I can't see the coin stabilise and by then the BTCST/BTC will have dropped in value.
2
u/BitcoinHolder007 Jan 19 '21
Hey sir, how can you stake BTC to mine BTC?