What do you call tissue paper? Probably Kleenex. Just an example of how being first out the door does carry weight.
no it doesnt, because in technology there is no real first, because the chain of developments is widespanned, who has build the first car?`unclear, who has won the space race? unclear, its not even sure bitcoin was first,
AOL was first internetprovider in germany, no one cares about that, additionally, there are rumers that mutliple projects were under development at the same time, like waves, ripple that had very early funding. or therer was similar technology in usage, not the internet but server transactions, and with pow becoming very unpopular, since its energywasting we might return there soon again.
you are using the label "first" as main marketing instrument, but its insignifican't considering countless other featuers money is supposed to have.
no one uses today chinese or french paper money worldwide, even if it was the first paper zertified money. people follow completely different currencies called, "coins of their style"
Bitcoin being dead, more like righting itself. The last year has been insane for BTC, and even more so from September to December. So people need to take a step back and breath to put things into perspective.
ohm no its was an irrational hype, powered by lies, and uncorrect promises, in theory the entire bitcoin ponzi scheme might still end up with countless people in jail
first:
1. currency of the future,
who are you as a bunch of private people that you are allowed to define the currency of the future? we have a worldwide system where considering national economic strategy, money is being created.
bitcoin was not first because others were to stupid to create a cryptocurrency, it was first because you dared first to create and market something as currency
second lie:
2. decentral
Bitcoin is not decentral its a marketing slogan, in truth the asociation of miners is bitcoins centre,
you can call bitcoin max, decentral from central banks.
I can't say that it will be the driving force to replace FIAT, but I do believe in what ever system comes into place it will be the backbone. Hell a lot of these alt coins are forks of BTC, so that's gotta say something.
There are definitely limitations to BTC being your go to for buying a coffee, or picking up fast food; but there are ideas coming out to deal with these issues.
fiat wont be replaced, insitutional fiats wont be replaced, they are whats powering the worlds economic and social stability, not a bunch of propagandacoins, that bitcoin and many other cryptocurrencies stand for.
I think you have a fair point in regards to modifying the Alt coin section, to reflect the current success of some of these coins and pave the way for a better environment to discuss them. I just don't agree we need to shift the entire forum in that direction.
i think there are basically 3 outcomes
-> global chaos and lost of gobal connectivity, no more internet, no more cryptocurrencies.
->cryptocurrencies will succed but wont have a lot of trust everywhere in the world
->cryptocurrency market will be evolve, but a new form of regulation will evolve with it.
in 2 of those cases, you will have to evolve the altcoinsection, into a regulated financial market, similar like the capital market of an ecomonpolis.
wont be easy however as this financial market will be extremly confusing 1600 altcoins is not even true there are much much more altcoins out there, and secondly there are now more and more indexes comming out in which bitcoin will not be listed.
oh and people will start using filtration systems to filter out cryptocurrencies they dont support. that will be another part of the worlds future.
regards
