Quote from: TPTB_need_war on June 09, 2015, 03:11:43 AM

Or they buy the pegged side chain version, because unlike other pegged side chains which can't resist 50% attack, such a side chain could survive alongside the cabal NWO side chain. However they may not be inclined to invest in the pegged side chain version of such a coin design, because they lose the upside ROI of such a novel design.

Blockstream is killing altcoin economics, because Bitcoin users will be inclined to prefer the pegged side chain version over the altcoin so they don't have to deal with volatility in their Bitcoin unit-of-account.

However, if there are out-of-band applications of the altcoin which refuse BTC for ideological reasons (knowing that the ultimate outcome of Bitcoin is to move all zombie masses onto a centralized ledger KYC pegged side chain), then those users who want that out-of-band application will not invest in the pegged side chain version and instead will invest in the altcoin.

The point is that users who want anonymity will congregate away from Bitcoin. But Monero can be 50% attacked and it lacks this out-of-band application I have in mind (and couldn't support it without changes to the mining algorithm). If there is a pegged side chain with all of Monero's attributes, then I no longer need to hold XMR and instead will be holding BTC in addition to my coin.

I made an entire thread on this out-of-band application, but readers appear to be oblivious.

Quote from: cypherdoc on June 08, 2015, 08:57:16 PM

Monero folk will tell you we need more anonymity. ... that's enough anonymity for the ordinary user not doing anything wrong.

That is not enough anonymity for those with wealth who will be expropriated by the coming global contagion collapse of socialism. And that is a key point! You've entirely missed the boat on this one. You are siding with the zombie masses who will vote for expropriation and unwittingly their own collapse.

Quote from: Adrian-x on June 08, 2015, 09:01:51 PM

So at this time it's Bitcoin hat has the most utility, alts aren't a threat, there will be hacks that can leverage that network, there will be investment opportunities and price growth in alts but for now as I see it

Until there is something that Bitcoin can't do and where BTC is not accepted because Bitcoin is a sly, imminent KYC expropriation paradigm. So now you know how such a coin will be marketed. Prepare your counter-arguments.

Quote from: macsga on June 08, 2015, 09:47:07 PM

OTOH, this could be as well achieved by adding PM in your portfolio. But that's not our subject.

Surely you recognize the great disadvantages of gold as I explained upthread? No one could refute my question about who they will sell their gold to when all the gold dealers have been shut down as they are now in France, and recently extending to Belgium, etc..

There is no economy-of-scale in trading gold. But crypto trades at a distance and (not for Bitcoin) anonymously, thus economies-of-scale are easily attained.

It is no contest. Gold is dead forever. Fuhgeddaboudit.

Quote from: macsga on June 08, 2015, 09:47:07 PM

FWIW, I agree that anonymity can be achieved -under certain circumstances- with BTC but, let me add, this is possible also by using almost any means of transaction. If one wants to be anonymous, he will do what's necessary to achieve so.

When the mining refuses transactions without KYC, then you will not be anonymous in Bitcoin. I have already explained how this will come about over time.

You are digging your expropriation grave with Bitcoin.