Quote from: solex on February 07, 2015, 03:31:00 AM

If Bitcoin were to hit some limit, I dunno what, just maybe there is a limit in the code which people might start writing threads about on bct, but anyway, if Bitcoin hit some limit and couldn't scale anymore, then the network effect is arrested. Bitcoin, just being software that can be copied does not have the privilege of gold which is a rare physical element. Some other version of Bitcoin, an existing alt perhaps, which can scale will build up its own network effect from all the users who can't use Bitcoin. If Bitcoin found some crazy limit where only 1% of 1% of the world's population could use it, then it would become obsolete. It would be a footnote in the history books written about the alt which eventually succeeded as the new electronic gold standard.

The problem i see with this line of thought is the assumption of the need to get everyone on the same chain.
A colourful mix of innovative and useful currencies and commodities with different chains is not only desireable and appealing, it is even inevitable.
The problem of scaling does not occure in that concept. In that concept innovation isn't a problem that needs to be adressed but a thing that happens naturally.

homo homini lupus

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