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Why would he say something like that?
Why would he say something like that?
it is certainly a coin that does not have that speculative aspect as the main aspect of its development as we have seen with many (if not all) coin launched...
"Spiritual" is a... philosophical term, at least in my view that doesn't fit to much in such environment.
I have just seen valuation in coin market cap and the price fluctuated continuously reaching x20 several times.
for sure, people who like to speculate it is a good starting point ... for the rest I would not expose myself so much "talking about the next bitcoin" (not even in spiritual terms...
)Well, exactly. The OP even came to the same conclusion themselves in the next sentence. That is what's meant by that statement.
> Their community looks like the early Bitcoin cypherpunks community, lot's of innovation, lots of nerds, lots of technical talking.
CH's gripe with BTC's PoW is that miners won't change anything. In Ergo miners have advanced governance control, easy soft-forking; and the community even has some novel ideas for things like chain-agnostic decentralized mining pool infrastructure. (Lithos Protocol) You can even do things like FIMOs (Fair Initial Mining Offerings), where users can mine ergo native tokens, enabling tokens to launch with PoW-backing.
Ergo's built everything from scratch with no VC funds, in a market polluted by them. It aims to make resilient P2P financial tooling available to all.
