Post
Topic
Board Bitcoin Discussion
Re: Why Bitcoin?
by
GingerAle
on 15/04/2015, 03:11:46 UTC
i've been around this community a few years and i still don't get why anyone would chose bitcoin.

don't get me wrong i believe in an alternative p2p currency, but to me bitcoin certainly doesn't cut it.

about the only answer people have is first mover advantage. but that's pretty much it.

bitcoin seems to, over time, be drifting more into a centralised system, core dev team where so few as 5 completely control the code, backed by what has come to light time and time again a very questionable central organisation.

have VC with their little startups jumping on board left right and center, and we know their goals  Kiss, bitcoin's heading more and more like being the bank product it was meant to be an alternative to  Shocked

seems the only way to back bitcoin is keep your head it the sand and hope it'll all turn out good in the end........

Have you already found an alternative? Or it's just an concept/forecast by now?

well i think there is atleast one coin better the bitcoin, but this thread is more about the concept of looking elsewhere and not just being stuck in the bitcoin is best nothing could better it, mindset.

also having been behind the scenes in many a crypto, i've considered creating in my mind the ideal p2p currency, just many an issue i have with all current cryptos arent easy to solve.

Do you mind sharing? I mean that better one.

IMO bitcoin will live and stay the first and the most.., but I also consider Nxt and Cryptonote coins promising.   

Yeah, like its been said before, bitcoin is the equivalent of gold. Slow (10 minute blocks). Weird emission (block halvings). Wonky distribution.

And at some point it becomes all about the infrastructure. You got nodes and mining equipment in bunkers in mountains all over the world and in satellites circling the earth? Thats probably the network thats the most secure