Post
Topic
Board Speculation
Re: What the price would be if there is no Bitcoin scaling in next 5 years?
by
1Referee
on 31/01/2017, 10:43:38 UTC
The answer is simple, Blockstream will apply SegWit and LN to another Alt coin like LiteCoin and it will function as a true Peer-to-Peer digital payment system, and Bitcoin will loose users to whatever Alt coin that incorporated this. So you will have a 3rd division in this community.

What's the point of adding Segwit and LN to another altcoin, when they can simply create a new coin having the best of everything on board already? If you purely look at Litecoin and the technological aspect, then even Litecoin could be seen as "outdated". Don't forget that the majority of the circulating Litecoins are in the hands of just a few players. Far worse than is the case with Bitcoin's level of wealth distribution. Also don't forget that nothing happens without a selfish thought where people are looking to gain a massive benefit from each and every situation.