There's a lot of talk about scalability at the moment, if mainly technical rather than alt-coin action. And not a lot of mention of Cryptonite. How do you guys see Cryptonite fitting in to all of this, and becoming more prominent?
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But I also know that Cryptonite wont succeed unless I can build a market around it and give people something to spend their XCN on.Although that would be a good thing, I really don't think it matters.
My theory is that the majority of Bitcoin holders(90% or more) simply think that bitcoins are a good investment and a alternative way of storing their money. The fact that we can easily exchange them among each other makes them somewhat similar to money, but I believe that as long as the coin itself doesn't offer something that our regular money does - there are few reasons why bitcoins would compete with our established monetary system.
In the same way, let's say hypothetically that gold could be sent through the internet, that doesn't mean we would start to use gold instead of our fiat.