What happens if the MSM refuses to cover Monero (or any altcoin)? Can an altcoin overcome any way?
Okay good angle.
Did Bittorrent become popular without MSM coverage?
I'm not really sure.
Is Bittorrent as popular as Bitcoin?
Bittorrent is
more popular than Bitcoin by a wide margin. I've seen reports of 30 million Bittorrent nodes at times, and that does not include all users.
Thanks that is very inspirational.
What I remember is the music industry in cahoots with politicians attempting to kill off file sharing by attacking Napster and some dumb ass politicians thought they could do the same to the decentralized file sharing apps and then later became aware they wouldn't have the power to shut them down (at least not without some global control of all internet protocols).
Then the battle moved to downloaded movies with Bittorrent and the subsequent Kim Dotcom saga which is still ongoing (but looks like they will be able to extradite him to the USA although that is irrelevant to the point of our inquiry I think except it shows the elite are the ones who are one step behind a popular activity).
It seems to me that if there is a popular activity that the world's users want to do and it is decentralized such that it can't be easily regulated by the elite, then the elite are on the losing side.
Thanks! That has been my theory all along and I just wanted to check it again with others to see if I am in delusion.
Bittorrent was spreading for the same reason that VCRs spread. It enables the popular activity of archiving and sharing your favorite media.
The problem for digital currency is it doesn't enable any popular activity. And all my marketing thoughts have been about how to find killer apps for digital currency that users will clamor for. And that is why I think the marketing discussion (and thus the design of the crypto currency to address the marketing) is the most important discussion. Hey I am not trying to belittle the capabilities of the Monero developers. I wish we could all work together. The first order of business is identifying how we address the marketing issue. We need a Bittorrent movement in crypto.
I think you are way, way ahead of yourself. This is not the time to judge yet. The 'marketing', ie building out the monero ecosystem has just kicked of.
- China is being addressed (translations & campaigns)
- Privacy centered services are being approached (succesfully)
- additional exchanges are being talked to
- Websites/blogs/infographics are popping up everywhere
- twitter / facebook is being actively used
I also believe that the community is greatly responsible for this, not the devteam. The devteam must make sure they optimize the code and features, so that the community can build out on those fundaments.
It just takes time to develop this project into something that is worth the effort to market. As the features pile up, so will the possibilities and thus ideas.
For example think about what will be possible when Monero has multisig combined with the existing killer ano-features, so many ideas will be springing up.
- Marketplaces (like openbazaar)
- Monero streamium copy for ano webcam-chat etc
- Privacy crowdfunding / political donations platform
- Darknet markets
- filesharing (bittrust)
There's so many bitcoin examples which would work a lot better with untraceable and unlinkable payments. It's just a matter of time for someone picking up an idea and replicating it. And over time, yes, users will recognize the benefit of anonymity. As they are slowly discovering now (outside of the crypto-currency spehre). It just doesn't happen instantly. Rome wasn't build in one day...