Post
Topic
Board Development & Technical Discussion
Re: Why LN when we have altcoins and exchanges?
by
Bitdrunk
on 26/02/2016, 17:36:13 UTC
I think you would want the price to be unpegged, so that the market can decide the value of altcoins; so the best float to the surface (become more valuable) and the copycats/broken/dishonest ones sink to the bottom.

This whole smart this / micro that is just ignorant, we already have the ecosystem to completely replace FIAT gov./bank/company death spiral.

XT, Classic all of those are just the last breath of the super debt cycle.

Isn't "the market" deciding value if it considers a side-chain useful, and increases the value of btc?  You don't need an altcoin... unless you like losing all your money.