Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
tvbcof
on 15/06/2015, 05:42:11 UTC

Though back to your question, if you've given up on spinoffs as a salvation-- what do you think is going to make Bitcoin competative against the eventual altcoin that actually gets the formula right and makes significant, no compromise, technical advantages over Bitcoin--- and probably doesn't bother to cut you in on it?  Keep in mind, most of the people we hope will some day use Bitcoin haven't even been born yet.  Unless we fail and sully the potential for cryptocurrency in the public's mind, this is only the very beginning of a long history.

Just FWIW, if the current Blockstream cohort does this there is some chance that I would convert over via proof-of-burn on reasonable terms, and especially if the clowns cannot be run out of Bitcoin (which doesn't seem eminent.)  I'd want to see it backing sidechains and would want to see a modestly promising sidechains ecosystem in practice first.


... everyone who works in SV understands that rapidly gaining mkt share via the Uber and AirBnB model  works and is crucial to outrunning regulation.

Pfft!  How's that working out for you after half a decade now?  Not well?  How very surprising that a solution which is vastly inferior to the competition in the exchange currency space cannot get a foothold.  Even with an amazing degree of media support, and even a surprising degree regulatory support here in the U.S. for that matter.

Edit:  BTW, what the fuck do you know about SV anyway?  'Outrunning regulation' was no more a winning strategy than 'security through obscurity'.  Sure, it can work fine...mostly when nobody gives a shit about you.