I agree with this statement, however I am not sure what exactly a superior coin would look like. There are things Bitcoin lacks when it comes to anonymity, but it seems pretty sound aside from that, as we currently understand the technology.
Any ideas what Bitcoin lacks that future coins could do?
Bitcoin lacks anything that would make Average Joe want to use it imo. In addition to technical prowess, a superior coin would have to be actually useful for it to have a chance to dethrone Bitcoin. Trading them for Dogecoins or paying for coffee is not useful.
(A cursory review of "
the last posts of [TPTB_need_war]" [BitcoinTalk] was sufficient to locate those statements cited below.)
I emphatically disagree with the implied necessity of retail and tangible items purchasing (tangible items ordered online are relevant). Do you have any concept of how many more virtual microtransactions are done daily, many of which are monetized with an advertising model that is dying? Others are not monetized or monetized with a reputation and gift economy model.
You are incredibly stuck in the old world economy. You do not understand what is really happening. Sorry smooth is correct. I can not teach you with words. You will have to watch all your assumptions fail. I am not asserting smooth agrees with my assumptions (he doesn't even entirely know what I am up to).
Edit: the tangible economy is being destroyed as we speak by the coming Economic Totalitarianism. It is going to absolutely implode. People are going to need to do virtual commerce and be able to pay each other anonymously over the internet in order to prosper in the face of the State taxing and expropriating everything to death. The bankrupt socialist States of the West are driving the global economy into the abyss. You are focused on the dying portion of the economy. It is the virtual Knowledge Age that is growing much faster and will continue to grow.