Post
Topic
Board Bitcoin Discussion
Re: what if bitcoin becomes inferior
by
ZAINmalik75
on 05/11/2023, 18:06:19 UTC
I looked for traces of Satoshi on the Internet. I've read all of his posts since 2009. He is sublime. If you read his writing, you can feel his passion. I have a little bit of bitcoin. I'm pretty relieved just to have Bitcoin. But if you look back at history.. Yahoo lost to Google. Yahoo was great, but Google was even better. Satoshi gave us a gift called Bitcoin without any greed and went somewhere.
Who said he did not keep anything for himself because he also has many BTC in his holding and those BTC are around 1.1 million in BTC. These numbers are not small, so I don't think it would be nice to say he did not keep anything for him. Like you said, he did all this without any greed. There is no doubt in it that he was doing all of this without any fixed incentives, like if he made BTC or blockchain, he would get this $100k amount in fiat. No, he was making efforts, and if they worked out, which they did, he would be a billionaire at some point in time.
The problem is, new geniuses are born all the time, and technology advances. Bitcoin is not physics. It's blockchain technology. Which means that bitcoin is not an immutable law. A better technology than Bitcoin could emerge. What should we do if someone gives us a better system than bitcoin as a gift and leaves?
This question has already been asked before, but my answer will remain the same: even if new geniuses come up with another BTC, let's say BTC version 2, would people adopt it? Yes,  they will, because airdrop hunters are always in search of new projects and they will not let this opportunity go to waste.

They will spend money on it, and there is no doubt about it, but BTC V2 cannot compete with the BTC we are using now because all the hard forks of BTC, like LTC, BCH, etc., are better than BTC, but why are they not overtaking BTC?