Re: Can Bitcoin maximalism be defeated in the reality of adoption?
Let's hear what you all have to say. Here is your chance to pump your favorite altcoin
Legend has it that Levi Strauss made his fortune selling durable workwear to all those miners in the 1850's gold rush in California. It's not exactly true (he patented the stud design on his Jeans much later in 1871), but the legend lives on - Levi Strauss made his fortune from selling needed inputs to all the miners, and in the process created a product that ended up having universal global appeal that survives to this day.
I think jl777 understands the legend of Levi Strauss
BTCD and SuperNET and Iguana and InstantDEX will provide services to all the other blockchains that will help them compete, so unlike most other crypto currency investments, jl777 isn't actually competing against all the other coins.
Investing in BTCD/SuperNET/Iguana/InstantDEX is like buying a share in a business that creates key inputs for an industry most of us here expect will boom very soon, so it doesn't matter which coins and platforms ultimately 'win', chances are the ones that surive will probably end up using jl777's tech, services, and products in order to scale and be user friendly enough for mass adoption.
+++++Billion. Couldnt agree more
Look I am sometimes helping jl777 so I am not discounting the ongoing viability of Bitcoin for the interim and besides jl777 is (planning on) having his code support other coins such Zcash.
Yet I think BitCON may also be doomed medium-term. I just wrote two posts about this:
https://bitcointalk.org/index.php?topic=1502768.msg15136762#msg15136762 <--- must read
https://bitcointalk.org/index.php?topic=1502768.msg15136683#msg15136683
Some more comments:
no don't think it will its been around for nearly a decade and it should start getting increasingly more popular.
How can it get more popular if it can't scale
Hope you realize BitCON is less popular than a shitty, bottom tier social network.
Even a moderately popular mobile app has more users than BitCON.
Delusion is nice isn't it.
When Smart Contracts will be implemented on the Bitcoin Blockchain that will be the standard. Even if a better coin or project will arise Bitcoin will always have its own appeal.
External data feeds break Nash equilibrium of mining. The only way to have this work securely is to entirely centralize mining, but this is where BitCON is headed any way.
There are some types of Smart Contracts that work without external data feeds, but not many. Basically Smart Contracts is bullshit. It is just another way to put all our digital information in public and under centralized control, so we are enslaved.
i've seen so damn many another cryptocurrency which have better and lot features compared to bitcoin
Which altcoin had better features demanded by masses
I haven't seen one such altcoin ever.
bitcoin will always have the first mover advantage
Just like Blackberry, Nokia, and Palm.
Let's see what Android did to all of them (including iPhone), in just a few years going from 0% to 80+% global market share.