Quote from: itsunderstood on March 11, 2014, 06:18:43 AM

I just wanted to paste this great point from user Armis about security and trust being foremost in any good coin.

From thread: https://bitcointalk.org/index.php?topic=492776

Quote from: Armis on March 11, 2014, 05:07:31 AM

My friend when btc catches a cold, litecoin get's pneumonia, most other coins are either dead or on life-support.

Trust is what enables the protocol to scale, without the trust mechanism only a few tech-heads around the world will use the protocol, via P2P, OT, and the like.

None of that is worth VC money, or attractive to associated service companies ... long story short, if the system wasn't created with built-in trust, isn't reinforced by trust, or trust cannot be guaranteed then it will never scale.

The BTC community, and by extension the whole cryptocurrency industry must prove that trust reasonably exists within the btc system for it to survive.

If done right, the cryptocurrency industry can produce TRILLIONAIRES not just millionaires, or billionaires.

He's right. It's going to go a LOT higher