#bttc #CryptoRisk
‼️Why should you be careful with $BTTC (BitTorrent Chain)?
Despite the loud promises and history of BitTorrent, the BTTC token has several serious problems that should be considered before investing:
1️⃣ Low efficiency of decentralized services
The BTFS and BitTorrent Speed services did not meet expectations. Users complain about meager or no rewards for storing files or sitting.
2️⃣ High competition
The market is crowded with more developed blockchain projects: Ethereum, Solana, Polygon. It is difficult for BTTC to compete with them in speed, security and developer support.
3️⃣ Questionable practical use
The demand for BTTC directly depends on the use of BitTorrent. But today people are using torrents less and less, especially due to cloud services and streaming.
4️⃣ High risk of regulations
The platform is associated with the exchange of content, including pirated content. This can lead to blocking or bans in different countries.
5️⃣ Volatility and uncertain future
The token price is unstable. There are no guarantees of stable growth or even maintaining interest in the project.
💡 Conclusion: BTTC is not a “shitcoin”, but it is not a safe haven either. If you are thinking of investing, do your own research 🧠