Post
Topic
Board Bitcoin Discussion
Re: Will Bitcoin be replaced by another cryptocurrency?
by
Cuidler
on 08/06/2016, 21:09:48 UTC
In order for the cryptocurrency space to thrive, it would be most suitable if there were multiple coins at the top and not just one (as currently Bitcoin is).

Oh thanks staff. Knock bitcoin users again.
I thought bitcoin was divisible enough to cope.

I think its rather excuse why not try to scale Bitcoin onchain a bit instead.

But I think there is not reason for several coins, because you add unnecessary ineffectiveness when you have to convert from one coin to another and pay exchange fees (and you have to use centralized exchange service). Plus it is more complex for average person when he has to choose from more cryptocoins what to pay with.