He is very careful to mention that he doesn't think BTC will be the one. More and more I get the feeling that btc is the experiment. They will watch it and learn as it fails, then make a crypto that fixes everything that is wrong and copies everything that works, put their billions into marketing and infrastructure (or hop on btc's existing infrastructure) and go from there. Like he says - most don't care about anonymity, they want security and convenience.
Not good news for btc imo
Yup, I keep reading this from this person and that person, but no one can come up with a scenario. Bitcoin is the first of a new technology. It is so new that the old rules just don't apply. This isn't Blackberry vs. Iphone.
Some altcoin comes up with a "killer app" or innovation that makes Bitcoin obsolete, and Bitcoin users refuse to hard fork to compete? Cmon!
The only thing that is remotely possible is some organization with HUGE credibility comes up with THEIR altcoin and sheeple flock to it. And in that scenario, it would only compliment Bitcoin, not obsolete it. Plus, who is going to dump the resources into what it would take to compete with Bitcoin as it is today? No one. Let alone what it would take when/if Bitcoin shows undeniable success to EVERYONE.