Quote from: CjMapope on November 05, 2019, 03:11:22 PM

Quote from: cryptofan55 on November 05, 2019, 10:27:14 AM

Hi everyone,
distributed ledger technology is the future, I think most people agree on this, but why bitcoin?

Bitcoin is the oldest system, it is not scalable, it needs second layer scaling solution, it is energy consuming, there is few big mining pools and is not very decentralized. There are other problems too.

Woudn't a 3rd generation blockchain that is more decentralized in practice, less energy consuming, cheaper, and offer smart contracts and many more possibilities surpass bitcoin at some point?
Is the first move advantage so big, is there something else I am missing?

Its the BRAND man, BTC was the first coin, and has the name behind it. Alot of people invest in BTC not even knowing what it is, they just saw on TV there was money to be made lol
Eth will be really big, but even BTC could do smart contracts itself,it would just take alot time to implement.
Unlike other coins BTC dosent move forward until its testing is pretty much perfect, so upgrades take alot of peer review and testing

Bitcoin is the king. Nothing can be like bitcoin. What it has given to the world is something that was never imagined. Bitcoin is the savior. It is the best thing happened to this generation. The holders of bitcoin are no common people. ethereum, no doubt, is a good rather the best altcoin so far but lets just get honest here, bitcoin is the whole reason why ethereum has survived till this day.