Post
Topic
Board Bitcoin Discussion
Re: The Critical Importance Of Cryptocurrencies - What's your take?
by
dowsey14
on 25/03/2014, 07:46:55 UTC
I don't want it either cause its already corrupted by allowing few people own most the currency

85 people control the world with their wealth, and have as much wealth collectively as the rest of us.

Are you sure Bitcoin will be no better once it is adopted wide scale?

I think it will. Reason is, because it cannot be counterfeited. Unlike gold, it can't be used to coat tungsten bars Wink It's based on pure unadulterated mathematics...and the codes are absolutely unbreakable.

I think Bitcoin has the ability to destroy the monopolies that have taken over...but you do have a point with centralization with regards to mining.

Maybe Quarkcoin or Vertcoin, or perhaps some other more-decentralized mining-wise coin will take over Bitcoin as the ultimate cryptocurrency...nobody knows, and only time will reveal the answer.