Post
Topic
Board Bitcoin Discussion
Re: Goodbye Bitcoin Hello Blockchain
by
Betwrong
on 28/02/2018, 15:45:00 UTC
Muh blockchain! Muh decentralization! Bitcoin is old and broken!


You forget that bitcoin has:

1) The largest brand recognition
2) The largest merchant acceptance
3) The largest public/consumer acceptance
4) The largest regulatory acceptance
5) The world's highest hashrate, making it the most secure network there is (not vulnerable to a 51% attack)
6) Not controlled by a central body, no godlike deities who can dictate development procedures (ie. Vitalik Buterin)

Also, blockchain without currency is useless. And bitcoin is the best and most stable blockchain-based currency as of now.

Very nicely put. I'm quoting this to have a better chance of finding it lately. Can't think of better words to say to someone who's asking why Bitcoin is better than other cryptos, meaning good ones of course. Although I think that Bitcoin is still theoretically vulnerable to a 51% attack, the fact that it has the world's highest hashrate makes it  exceptional in that regard, exceptional in a good way of course.