Post
Topic
Board Altcoin Discussion
Re: Too late for joining Bitcoin, which altcoin is best?
by
chessnut
on 06/02/2014, 04:15:28 UTC
Which number seems implausible to you?  The current world's population?  The number of bitcoins that will exist?  2.1E10 divided by 7E9?  Cause they're pretty much facts, aren't they, unless I made an arithmetic error?

Sometimes I think the color of the sky seems implausible, especially at sunset, nevertheless it is what it is.  It hardly seems worth arguing that established facts seem implausible.
Bitcoin's eventual mass adoption is implausible to me.

If bitcoin doesnt appeal to the mainstream, then none will. Bitcoin is the friendliest decentralised currency to regulation. If you are asking for a centralised crypto like googlecoin. go for it. but that will be unacceptably vulnerable to attack, and prone to corruption like our current banking system.
Bitcoin can appeal to the mainstream, just leave that up to the software developers.
Governments will never give up their monopoly on money, and with the government bans, Bitcoin won't appeal to the masses. The masses find their comfort in governments and always turn to them for guidance, advice, and comfort.

The government dont have a choice. you cant beat maths with guns. they cant stop anybody owning and using a crypto graphic currency. The government also acknowledges that this technology is here to stay. they are not talking about centralised cryptos, they are talking about decentralised cryptos - and bitcoin is the front runner.
They have incentive to embrace bitcoin too, because they do not want it to be replaced by a crypto with a tumbled public ledger that will be harder to regulate.
If governments ever went with a crypto, they would first make damn sure it's under their full control and regulation or else they're no longer governing anything.
you are talking binary - anything is possible.
bitcoin will expel only the corporate part of government. thats the bit that costs us the most, and the bit we need least.
Rome fell...... china fell...... USA will fall.....