Quote from: BldSwtTrs on March 20, 2014, 01:41:36 AM

Quote from: AT101ET on March 20, 2014, 01:26:07 AM

Quote from: BldSwtTrs on March 20, 2014, 01:07:22 AM

Bitcoin is the mobile phone. Bitcoin is a technology, not a company.

Everyone who made analogy such as Altavista/Google, Myspace/Facebook, or that Nokia one, failed to understand that Bitcoin is a fucking technology. Bitcoin is like the Internet, the mobile phone, the automobile, the electricity, the fire.

So what is Litecoin or any other alt?
There can't me multiple technologies all serving the same purpose.
Bitcoins concept is the technology. It's being used by other cryptos though.
Only a few can dominate and all I'm saying is that could bitcoin be overtaken by something it indirectly created?

Bitcoin is TCP/IP, LTC is UDP, other altcoins are other protocol.

95% of internet transmissions use TCP/IP, 5% use UDP, other protocols are basically not use.

A protocol is a technology that can be easily amended and improved, but it's also a technology which derived its usefulness from the number of machines using it. Even if you create something vastly better than TCP/IP for conveying data to other computer, good luck trying to overcome TCP/IP which is used basically by every computer on the planet.

I don't think you quite get what in saying