Quote from: djpitagora on November 29, 2017, 10:56:26 AM

Quote from: Altcner on November 28, 2017, 03:09:57 PM

Can someone tell me why this token does not have as much clout as bitcoin? From everything I have read the DAG is better than blockchain.

because it has significant risks for now, that bitcoin doesn't
- iota is still centralized working with a coordinator. Until we see it work without, we don't event have a proof of concept
- wealth is currently in hands of very few people. Iota was poorly distributed which may create liquidity problems later
- there are unresolved technical problems - see transactions hanging for days, balances that need to be recovered routinely, etc
- there was big snafu on the technical side where they decided to roll their own encryption algo, which in the security/technical world is a capital sin. A lot of credibility was lost with this

Excellent points. Lots of excited hype out there but you should still view IOTA through a rational prism.