Post
Topic
Board Altcoin Discussion
Re: State of Alt. Coins - Post Mike Hearn Announcement?
by
rdnkjdi
on 17/01/2016, 11:24:03 UTC
Bitcoin "is a fucking toy" when compared to VISA and yet in it's realm it has done quite well at being better than cash for many things.  I know a guy who purchased land by taking it across international borders.  I've used it multiple times for things VISA was not useful for.

By my measure bitcoin was a success and now it's outlived it's prime.  

I view Monero and Ethereum in the same light.  I'm sure you would have pointed out bitcoins flaws when it was $10 per coin and said "This will never work." out of some of the same principles you are using now.  

You are one of those who peruse perfection and I wholeheartedly respect that.  

But I'm not hearing any alternatives from you.  And as you so graciously pointed out - I'm a n00b.  I can't fix all the problems you point out.  So my two choices are opt out of the market.  Or pick the least bad losers.  When I perceive them to no longer be the least bad - I will move on to whatever else is the least bad.  I know it's not your strategy - but it's mine.

By your standards bitcoin was fundamentally broken years ago.  But it paid off for those who picked "the least bad option."

BTW I wasn't the one who posted your stuff on the reddit ethereum forum.