Quote from: R2D221 on June 29, 2015, 03:33:24 PM

Quote from: spazzdla on June 29, 2015, 02:26:32 PM

Quote from: Amph on June 29, 2015, 02:06:07 PM

Quote from: spazzdla on June 29, 2015, 01:19:03 PM

Gavincoin's idea of doubling every 2 years is not a good one.

if they cannot propose another better idea, then we need to accept that, i mena we can't wait forever until someone come up with an idea, now i'm starting to believe that this problem should have solved much early, with the fork of 2013

thus you don't need today to fork again and at that time, chinese were not controlling 60% of the network, and playing the dictator's game...

You can accept it, I will not.

I don't have an issue with BTC costing $5-10 to send and using something like Bitshares to buy coffee with and Bitcoin to store wealth.

I do have an issue, though. Why should I need to change currency just to be able to buy coffee? It's just not worth the effort.

Long term I think this is likely to be how things turn out. A handful of major cryptocurrencies each tailored for optimizations in different financial characteristics. Perhaps bitcoin will be the most highly secured and best store of wealth, while other cryptos take on the role of routine transactions, while another works best for buying and selling property and securities, and another is favored for anonymous transactions, and so forth. I think it unlikely that any one cryptocurrency will be able to be best-in-class in all areas, especially where trade-offs are involved.

So pretty much everyone will have some funds stashed away in a half dozen cryptos, just like you have credit cards, a bank ATM card, paper bills and metal change all filling your wallet (not to mention a checkbook).