Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
mymenace
on 18/05/2018, 19:52:16 UTC
Of course, the world has not yet seen a blockchain that has been battle-tested, that does not reward the maintainers in a native token. So there's that. What's the incentive?

Unless someone solves this problem in the realm of game theory, it is impossible.  This is one of the absolute foundational pillars for the stability of bitcoin the removal of which would create a sort of 2 legged stool.

...
Will there be a mass realization that blockchain without bitcoin is just a slow, shitty database? How long will this realization take?
...
I wonder about that, too. Most crypto people I know from meat space think some "newer, better" coin will supersede bitcoin, yet most don't know how bitcoin or any of the alts actually work.

What they also don't get is that if bitcoin was replaced by something newer, more shiny (assuming such a thing would exist), then not only would bitcoin be pointless but also the new shiny coin, and every next shiny coin down the line.

It's either bitcoin, hooks into bitcoin, or it's a parasite sucking on bitcoins success.


As data grows so does network capabilities and data communications

This was inherently known in the building of bitcoin.

Mathematically at some point the blockchain will be a see all and do all at any point in time instantly for any app based tool.

So far so good

blockchain.info

check out your wallet address balance

you gotta beat the bitcoin blockchain test base (9years, hacked to the nth degree - no success) before anything will supercede bitcoin

and the wealthy know it



The currency war continues

Flood with alt shitcoins - The new USD coin/ripple/bcash/ethereum (centralized crap)

and get peeps movin a way from the gold