Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | ASIC Resistant
by
LimLims
on 06/04/2014, 20:57:12 UTC
Though I am curious what your definition of widespread adoption is. I think it is important that we are realistic about what widespread adoption means in cryptocurrency, especially an altcoin in the current market. I can see a world where my mother uses bitcoin. I cannot see a world my she would use any altcoin, unless a major feature/change/disruption is released of a magnitude 100x what we have already seen from all alts combined, I don't see that changing. I do think there is a very important market for altcoins, much greater than day trading and currency speculation. And it is a market I am invested in, with a very significant amount of my time, and to a lesser extent, money (more if I could afford it). And it is that market I look to when I am considering the widespread adoption of the coin, because realistically widespread adoption in terms of the general public is at the moment still questionable for bitcoin, let alone an altcoin.

"Widespread" is a relative term -- better to think about it in terms of a direct comparison: which approach do we think will result in the larger market share long term?