Why not stop the talk and start to take action. Create that new coin then report back to us is a year's time and tell us the price as well as how large you've managed to grow your new network.
The video was not about the smartphone, it was about the smartphone as a new platform AND then what was built on that new platform. Same with the internet. That was the platform, and look what was built on it. Bitcoin is the platform, the platform of being able to send and revceive VALUE. So what's going to be built on that? Nothing or something? Many people are betting on something which seems the logical bet versus nothing... The world is fast heading into a massive digital revolution so you think a native digital form of value will be suited to that? Anyway, here's a message to all Bitcoin holders, those who have done the hard work, those who have held on through the hard times - let's stop talking to these scratched records because we've tried to educate them via 10,000 posts and all they've come up with is the same tired arguments that have been proven incorrect and rebuked. So instead, let's just say the following - You have 2 choices with Bitcoin - 1. Understand it, or 2. Dismiss it Choose wisely...
Dude, forget these morons. BTC new all time high, everyone celebrating while making a shitton of dosh, institutionals piling in, service providers piling in (https://uk.reuters.com/article/idUKL1N2IU1K0) and they still are talking about how someday it will all go to shit. They're probably not even old enough to remember the internet bubble but the crowd was just the same back then. A bunch of nay sayers who stayed poor because they were too lazy to learn about new things. Just enjoy the fact that you have stacked a couple of satoshis and making money while you take a bath in these buffoons tears EDIT: Before I forget it along the way: The CME will introduce ETH futures Q1 2021
In my (limited) understanding of the asset class, blockchain (technology) is the platform - Bitcoin is a means of payment for validation of transactions on a blockchain. Therefore, Bitcoin, or the Bitcoin blockchain itself can be replaced by an infinite number of other crypto / digital currencies and / or blockchains. What works in favour of Bitcoin is its 'first mover' / market share advantage, but ultimately if 'users' decide on another means to validate blockchain transactions (or if technical thresholds prove to become a hindrance on Bitcoin's blockchain), that would materially impact the price people are prepared to pay for Bitcoin. Just my 2cts... I have no exposure to Bitcoin
Yes and no. The reason for BTC dominance is not its features but its size. Because the larger a decentralized network the more stable and safe from 51% attacks it is. So you can technically copy or enhance BTC but as long as you don't replicate its number of users, nobody will care
It is already done, they are sitting in my laptop. But they come with the Pekelo Poop (tm). How many would you like to buy?
I listened as you suggested, let's see what we got. 1. Sending value online and decentralized: Flawed premise because there's no value to begin with. 2. Decentralized applications and computing platforms: There's no such thing as set-and-forget eternal computing where even the developers can't modify the application or its data. Obsolete by design and futile. Just have a look at the most popular "dapps". CryptoKitties? Utter BS. Fomo3D? Gambling game garbage that has been hacked thanks to its flaws that are -- by design -- incorrectable (airdrop bug, transaction blocking bug). If that's the innovation and revolution then sorry, there's nothing there.