Post
Topic
Board Altcoin Discussion
Re: What happened to Nxt millionaires?
by
enet
on 03/06/2016, 06:52:20 UTC
Are you implying these new fads like Lisk and Waves have a bigger potential to impact the world than Bitcoin? There is a reason why countless big name companies are investing time and money into researching Bitcoin, and not these flavor-of-the-month shitcoins. If people are bullish on cryptocurrency and they want to make a meaningful investment they'll find it in the organizations that seek to use Bitcoin for concrete, real world purposes.

Bitcoin is not scalable. It's good for few hundreds geeks, but not for world-wide adoption.

Much agree. Albeit I think the reasons are very complex. Bitcoin first of all is cash-only system. It is not as capable as the things that one now might imagine to implement. The other big reason is how trust will be required to "scale", and compliance. Does scaling mean that companies use it and states accept taxes denominated in it? The Bitcoin debate about scaling is laughable (Sidechains, SegWit, Lightning and other failures).