Hacker News new | past | comments | ask | show | jobs | submit login

That's a lot of assertions without any backup. Here's one thing bitcoin has that no altcoin has: the legitimacy of its network buy-in from being first to market. And since any technology another chain has can be adopted via sidechain, extension block, or soft fork, why not standardize on the one currency that has achieved the most adoption?



>the legitimacy of its network buy-in from being first to market

What legitimacy? It's all code. Any smart person will take something for it's technical merit. Good developers will eventually move.

>why not standardize on the one currency that has achieved the most adoption?

And where did that get us? A currency which isn't usable for daily transactions. And people give that "Oh it isn't meant for that, use Litecoin" comment. So why do we even quote adoption?

Even then, when a transaction takes $25+ dollars, you realize that there's something wrong.


I never quote adoption. Bitcoin isn't a currency, it's a store of value. Just like gold which it seeks to emulate. It's useful as the collateral for fully-backed smart contracts. Not paying for coffee.




Consider applying for YC's Spring batch! Applications are open till Feb 11.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: