Post
Topic
Board Economics
Topic OP
Bitcoin will one day be superseded by a technically superior NuCoin. What then?
by
JorgeStolfi
on 09/12/2013, 02:55:50 UTC
Bitcoin cannot claim eternal divine perfection, so inevitably there will arise a "NuCoin" that has the same nice properties but is technically better in some respect -- and will therefore replace Bitcoin as  the preferred medium of payment for internet commerce.   

What will happen to the Bitcoin then? Owners of course would like to swap them for equal worth of NuCoins.  But who will agree to the swap?