Post
Topic
Board Speculation
Re: Try to answer the difficult questions...
by
michaelGedi
on 16/03/2015, 17:28:22 UTC
OP - I see your point, and I believe it is possible that it would deplete the value of bitcoin. I'm guessing this would be due to less exposure for bitcoin (less participants), less transactions through bitcoin network, and less people holding the currency for it's use in these blockchain based products.

I'm sure other incentive based decentralised asset transfer systems can exist in the future, whether they get used or not can all depend on how they are developed and marketed.

The thing with bitcoin is that there is not central PR company with all the money and the clout to get things moving. Advertising etc...

When Joe B discovers a cool and easy way to send stuff online with a slick and secure looking front end, he won't care if it's bitcoin or some other mechanism if they are doing the same job.