Post
Topic
Board Bitcoin Discussion
Re: What are the chances BTC is replaced by something better soon?
by
ascalon
on 27/01/2014, 20:28:30 UTC
What's the point of a google coin?

If it's centralized and controlled by them, that takes away a huge benefit of bitcoin so why would anyone switch over to google?

So de-centralisation is the most important property of bitcoin?  People will transfer to any cryptocoin that's more convenient, if that's Googlecoin, they will go there.  de-centralisation is only an issue for certain political aims.

Considering the main innovation within bitcoin is the fact that it solves the problem of how to get a decentralised network to agree on a certain thing, it's strange you would even ask this.

What would be the difference between 'Googlecoin' and Visa?