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Bitcoin Discussion
Re: Why hasn't any altcoin replaced bitcoin?
by
yojoots
on
29/08/2019, 19:17:48 UTC
The most direct answer to your question is, basically, the
Network effect
phenomenon.
Here are a few selected resources which explain and extend this perspective:
Bitcoin - a 6-sided Market and Network Effect
by Antonis Polemitis
The 7 Network Effects of Bitcoin
by Trace Mayer
Bitcoin is Worse is Better
by Gwern
Bitcoin as Decentralized Money: Prices, Mining, and Network Security
by Emiliano Pagnotta
Bitcoins Gravity
by Gigi
Crypto Network Effects
by Tobias Huber
On Bitcoin Maximalism, and Currency and Platform Network Effects
by Vitalik Buterin
Bitcoin: Time Compression, Causation And Feedback Loops
by Hans Hauge
Why Bitcoin Matters
by Marc Andreessen
"It has the potential for a positive feedback loop; as users increase, the value goes up, which could attract more users to take advantage of the increasing value."
by Satoshi Nakamoto