Quote from: tokeweed on November 05, 2018, 01:01:40 PM

Quote from: dEBRUYNE on November 03, 2018, 03:30:31 PM

Quote from: Millionero on November 03, 2018, 01:08:48 AM

Quote from: kurious on November 02, 2018, 10:20:32 PM

In the absence of a black swan event - and ten years after the white paper it doesn't look like we will see one - there is only one conclusion you can make.

By this criterion, we can expect Bitcoin to survive about 10 years.

Taleb mentions, if I recall correctly, the term "at least" / "minimum" for non-perishable stuff. Thus, following the Lindy effect, a non-perishable good that has existed for 10 years is expected to at least exist another 10 years.

Now, I suppose Bitcoin is technically an implementation of something non-perishable, which somewhat weakens the Lindy effect.

But we should also consider that BTC is still the best implementation of a cryptocurrency. And if there was something that's gonna outlive every coin in the space, it's still gonna be BTC imho.

The rest haven't really been tested at the same scale that BTC has.

scale of testing != best implementation

The bug recently found underscores that even BTC, with its obvious limitations, isn't flawless or vetted enough. Also, there's the well-known fact, at least in this neck of the woods, that Bitcoin's aim to be an "eletronic cash" hasn't panned out.

If you had one job to do and couldn't do it, would you consider yourself the best?