Post
Topic
Board Altcoin Discussion
Re: If an altcoin were to overtake Bitcoin, which would it be?
by
mymenace
on 19/02/2014, 22:26:46 UTC
Etherium is in the same park as NXT and Ripple. Average Joe will just not understand it. The only people who are really getting excited about these are the techies and investors. I can just about explain BTC to Joe Bloggs, but they wouldn't get these types of currencies at all. They fail because not because they aren't clever or unique or innovative, but because you have to be in the industry to understand them. Your average person on the street has no clue how fiat currency works. How can you expect them to understand Ether?

Dogecoin on the other hand, as ridiculous as it may be, has brought cryptocurrency to the masses. People get it. It doesn't matter how clever your platform is if you can't appeal to the lowest common denominator.

Bingo! You win. "Best post today" award if there were awards.



This is the exact problems I have had so far with Etherium, NXT and Ripple just too much trouble to use.

The general consumer just wants to go hey i get it and use it, maybe they are targeting different types of users.