Quote from: cafucafucafu on June 11, 2017, 06:12:25 AM

For example, there are much rarer metals than gold on the planet earth that have the thins needed to make a good currency or asset. However people had this trust in gold, much like crypto people have an innate trust in bitcoin. It's not all about high end technology but rather being good at what you do. In bitcoin case it is mainly the storage of wealth

Metals which are a lot rarer than gold cost a lot more

People love gold because of its looks, its shine and heavy. On the other hand, Bitcoin is purely utilitarian in this respect, though some perverts may still distinguish it from other cryptocoins for some of its quirks and peculiarities. But the same can be equally said in regard to any other coin out there. Further, there is no innate trust in Bitcoin, so if Bitcoin becomes toxic (e.g. due to chain split), people will lose this trust instantly and get rid of it as soon as possible. In other words, there is nothing sacred or holy about Bitcoin apart from its being the first cryptocurrency (but that would only make a difference for an epitaph)