Post
Topic
Board Bitcoin Discussion
Re: I'm ALL in!
by
MoonShadow
on 08/06/2011, 20:34:52 UTC
The biggest issue facing bitcoin, is that there's nothing to stop a "bitcoin 2" from entering the market.

Actually, there is.  It's called the "first to market" advantage.  It's why VHS beat out Betamax in the consumer marketplace even though everyone agreed that Betamax was both a superior format and at least as cheap to mass produce.  Anyone can try to replicate Bitcoin, but without a significant and obvious advantage to users, it's market uptake will never approach Bitcoin's.