Post
Topic
Board Bitcoin Discussion
Re: Will destroying Bitcoin by fixing it make us insanely wealthy?
by
iamnotback
on 29/03/2017, 23:38:54 UTC
if I buy 1 btc worth of ur coin in day one can I get rich?

Obviously the guy who sold a pizza for 10,000 BTC would argue that it is difficult to predict the future.

$10 / 10,000 = $0.001 per BTC and now $1000 per BTC (aka $10 million for the 10,000 BTC). But who would've known at the time.

That was before it was common knowledge that blockchain tokens have real world value.

Normally the only way someone makes those million-times gains is by being surprised. If there is no surprise then there is a lot of competition.

Unless perhaps you are true believer like Roger Ver. But now look how Roger Ver's incompetence and lack of foresight is causing him to maybe end up destroying his BTC (although he probably did well on his Dash pump).

Seriously I can't even predict the outcome of my own work. I am just a true believer like Roger Ver, but at least I (afaics) have a higher level of technical competence than him (which probably isn't saying much, lol).

I think the more salient and objective question is, "Is the Nash Ideal Money small block model of Bitcoin going to become widely adopted and will it preclude any other blockchain design from doing so?"

And the follow on question if that answer is "No", thus is "Is there any other design for a blockchain what will become very widely used in the world?".

Many groups and people are trying to answer those questions.

I have some very specific reasons to prefer my work, but I am not going to enumerate them here. This thread is in the wrong discussion forum for that. I started this thread as a wakeup call on the risks and opportunities ahead, but I will not start a discussion about specifics of altcoins in the Bitcoin Discussion sub-forum.