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February 28, 2014, 02:35:26 AM |
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network effect and dev team.
the network effects means all the necessary infrastructure is way ahead for BTC. Eg electrum client
any problem that comes up has enough top tier dev's to solve the problem, and enough of a stake to care. Eg when Gox was going down, a legit offer to provide a team of top tier devs, onsite fully paid was made, to help them at no expense to gox. If you have 50K coins you would also be making such and offer to whoever needs help, and you could fund it.
Of course this was too late for gox, however, the fact remains, this was there and could be done.
So many more eyes and wallets are invited in BTC. Alts will come and go, just look at what was big and what happened to it.
No saying btw will take the whole market, but the nature of open source means it can adapt any change it needs to.
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