Post
Topic
Board Bitcoin Discussion
Re: [Must read] Could an Inside Sneak Attack on Bitcoin Destroy It?
by
acoindr
on 23/05/2013, 19:43:17 UTC
Eh I wouldn't worry about it too much.  If Bitcoin gets ruined somehow (regulation, etc), a fork will come out that embodies the ideals of the original Bitcoin.

Exactly. That's why I posted this back in October 2012:

Solution to the Bitcoin Foundation

TL;DR

The biggest complaint/possible danger opposition to TBF express is it could become corrupted and control a very powerful market, if and when Bitcoin becomes powerful, which we all expect could happen. But that's just it. Their power would pertain to Bitcoin. Even their name pertains to it, which is one of the complaints. How much power would they have, however, if there were other cryptocurrencies just as prominent in the market? The power would be diminished, of course. There would be just as many people with different coins than whatever people believed about Bitcoin specifically. Same cryptocurrency, but entirely different coins, and system.

Shortly thereafter I started promoting Litecoin, which is now doing quite well.