John McAfee talks about Bitcoin.

[commandrix]

"Digital currency is inevitable. Whether it's going to be Bitcoin, that's the question."

[virtualx]

"Digital currency is inevitable. Whether it's going to be Bitcoin, that's the question."

Bitcoin seems the most likely alternative now. It's the coin with biggest market cap on coinmarketcap.com 

[helloeverybody]

"Digital currency is inevitable. Whether it's going to be Bitcoin, that's the question."

Bitcoin seems the most likely alternative now. It's the coin with biggest market cap on coinmarketcap.com 

I know of many reason why it wouldnt but as it has the strongest community and dev support surely it has to be the one that stays no1.

[techmanuk]

"Digital currency is inevitable. Whether it's going to be Bitcoin, that's the question."

Bitcoin seems the most likely alternative now. It's the coin with biggest market cap on coinmarketcap.com 

I know of many reason why it wouldnt but as it has the strongest community and dev support surely it has to be the one that stays no1.

^This.

The fact that so many of the big names involved in Bitcoin have spent so much investing in it and the amount of Dev time spent on it, makes me think that a lot of people will be reluctant in using something other than Bitcoin.

[harrymmmm]

Of course the future holds a digital currency. That's obvious, right?
Governments want that currency to be taxable,  traceable, controllable, etc.
A decentralized digital currency is the thing he's talking about, where govts would need to revamp their tax thinking.
Important distinction there. coz we will soon see centralized, controlled bankcoins.

So ... limiting discussion to decentralized digital currencies:
The problems he mentions with bitcoin are problems ANY new digital currency would have. The mtgox disaster, people losing coins, etc are all related to a learning experience, and really have little to do with the bitcoin tech.
Learning to do without a bank to hold your hand is probably the big lesson.

[Meuh6879]

... Whether it's going to be Bitcoin, that's the question."

snake argument.
real argument is ... Bitcoin have already win.
hidden argument : people don't know what is REALLY the Bitcoin network (save money from the workers).

[MRKLYE]

Personally I think that bitcoin will likely end up being replaced by something faster and more secure before the network is done propagating.

if this actually happens I don't forsee it happening any time soon. In the event that this newer more appears it will likely take time for BTC prices to lower and people adopt the replacement.

[Jeremycoin]

I thought, he talks about Bitcoin cos his company (McAfee) is started to accept Bitcoin for the payment.
The fact is doesn't like what I expected

[NorrisK]

Personally I think that bitcoin will likely end up being replaced by something faster and more secure before the network is done propagating.

if this actually happens I don't forsee it happening any time soon. In the event that this newer more appears it will likely take time for BTC prices to lower and people adopt the replacement.

We should be able to see that coin coming from a mile away. The next big thing won't pop up out of nowhere. There will be extensive security and bug testing before that. No new coin will be able to take its place. Any coin should be in use for the longest time to prove it has no serious bugs that could result in major problems down the road.

[lolgato]

Digital currency have been coming for awhile now but we don't know which one will lead in future bitcoin could collapse if satoshi dumps and some coin will take lead.

[DimensionZ]

I thought, he talks about Bitcoin cos his company (McAfee) is started to accept Bitcoin for the payment.
The fact is doesn't like what I expected

I heard he stepped down from the CEO position and is now running for president?

[bitsmichel]

I wonder how many BTC Mr. McAfee has

[Meuh6879]

Personally I think that bitcoin will likely end up being replaced by something faster and more secure before the network is done propagating.

Fast need storage
Fast need bandwidth
Bitcoin network need 7 years to emerge