Post
Topic
Board Bitcoin Discussion
Re: The Legitimization and Inevitability of Bitcoin
by
cypherdoc
on 11/09/2011, 23:49:44 UTC
I think that's debatable, but even so, it is only because the Alternatives didn't provide any meaningful changes apart from a chance to be an early adopter. At some point, one of the corporate deep pockets - perhaps a consortium of sorts - will come along and release a version of the system with a polished UI, customer support, and nicely done branding. When given the choice between a well-crafted venture with deep backing versus an initiative with so much negative baggage surrounding it, the layman will choose the former. Despite the libertarian dream Bitcoin fed into, I truly believe the only real adoption of cryptocurrency will come at the hand of a more controlled and regulated initiative.

then you really don't understand Bitcoin.  the whole pt behind its success is the uncontrolled unregulated initiatives behind its creation.  the mindless USD printing to save its constituent banks is what the masses hate.  

the only negative baggage surrounds the peripheral aspects of Bitcoin.  do you really think Bruce Wagner means anything to the source code?  or the various hacks of the exchanges that just allow trading of Bitcoins?  come on.  be real.  

corporate deep pocket control of Bitcoin would be a disaster.  the UI is great as far as i'm concerned.  easy to use, simple.  sure it needs encryption and a few additional tweaks for the advanced users like being able to choose the keys from which coins get sent or received.  but it WORKS and is stable and hasn't lost anyone any coins yet.  

the alts failed  miserably in measuring up to Bitcoin.  this should really make you sit up and appreciate the virtues of what it is.

you would be smart to shed your handlers and buy Bitcoin as it will pay you way more in profits and stored value than what they are paying you.