Quote from: knowhow on September 30, 2015, 07:31:57 PM

Quote from: teukon on September 30, 2015, 12:22:19 PM

Quote from: mexxer-2 on September 28, 2015, 09:44:57 AM

Would you still use and believe in bitcoin if it became reversible, say if satoshi himself managed the disputes like paypal does?
Will you quit?

Yes, I'd quit. In such a scenario, I'd fully expect an altcoin to eventually take Bitcoin's place and I'd start using an assortment of the most likely candidates.

Well i see your vision and agree till some place others altcoins are compared to bitcoin,soo if bitcoin die i guess most altcoins will follow and disappear in the same time,sure some of them may stand up but the king dead what soldiers will do ?

Good point. Whether I go to altcoins or precious metals depends on precisely how Bitcoin dies (a centralised Bitcoin is a dead Bitcoin). Putting the "how" out of my mind, I currently believe cryptocurrency is an idea worth trying which is why I chose altcoins.

However, when I think about how Bitcoin could come to die in this way, I struggle to imagine a scenario in which the notion of cryptocurrency itself is not fully undermined.