The future of bitcoin and independent money

[rjefferson]

I think it's perfectly fine to differentiate between bitcoin and independent money. All of these can coexist and be meant for different functions.

ampleforth has a unique approach which solves both short and long term

[trash321]

Very intriguing concept imo ever since I heard about them. I see lots of potential and even though they are not technically a stablecoin, they're generally lumped in with them. I like that they're backed by True Ventures and Pantera. Also, the team is stellar (all from Google and Uber)

I have to say that I do not have such knowledge as you have about who supports whom, because it seems to me that today this is a very intriguing situation that will seem very sad. In any case, today BTC is developing and will do it.

[jack107]

Very intriguing concept imo ever since I heard about them. I see lots of potential and even though they are not technically a stablecoin, they're generally lumped in with them. I like that they're backed by True Ventures and Pantera. Also, the team is stellar (all from Google and Uber)

I have to say that I do not have such knowledge as you have about who supports whom, because it seems to me that today this is a very intriguing situation that will seem very sad. In any case, today BTC is developing and will do it.

you should look into ampleforth. good stuff. wish there was a video out there about them

[vorobev]

Very intriguing concept imo ever since I heard about them. I see lots of potential and even though they are not technically a stablecoin, they're generally lumped in with them. I like that they're backed by True Ventures and Pantera. Also, the team is stellar (all from Google and Uber)

I have to say that I do not have such knowledge as you have about who supports whom, because it seems to me that today this is a very intriguing situation that will seem very sad. In any case, today BTC is developing and will do it.

you should look into ampleforth. good stuff. wish there was a video out there about them

yup very stealth project with not a lot of info out there about them. Hopefully they push out some content soon

[gorbabtc]

the future will be independent money, whether that's a stablecoin or not. I do have my sights set on ampleforth though

[paisiifokin]

I think what needs to happen is that we need to start reclassifying our currencies. For ex. fiat coins vs other stablecoins.

Looks like ampleforth is a exactly what you think it is: independent money

[dabenko]

It is until you lunch your coin o exchange before you can conclude I'd it is truly stable on not. Until a coin is exposed to trading, the act of buying and selling, which also translates to demand and supply, before you can make your conclusion.

[dekabrin]

did you guys see this? https://www.coindesk.com/the-true-crypto-alternative-to-government-money

[globalcitizen]

The word Ampleforth is kind of new to me. But for Fragment, I have come across it before. From your analysis here, it seems to me that it is an altcoin which is based on Bitcoin model but instead of increasing in face value it increases in quantity as demand increases. It is a welcome idea. Let's see how far it will go.

[elite2291]

The word Ampleforth is kind of new to me. But for Fragment, I have come across it before. From your analysis here, it seems to me that it is an altcoin which is based on Bitcoin model but instead of increasing in face value it increases in quantity as demand increases. It is a welcome idea. Let's see how far it will go.

yup. I like their concept too. it's based off of the character in george orwell's 1984. this is about the rename - https://www.cryptoninjas.net/2018/12/06/fragments-rebrands-to-ampleforth-and-introduces-non-collateralized-stablecoin/

[elenka n]

I do not think that there will be a coin that can compete with Bitcoin, even if it happens, it will not be very soon!

[eneifed]

I do not think that there will be a coin that can compete with Bitcoin, even if it happens, it will not be very soon!

I don't think the future will be our society using just one coin. I think bitcoin is here to stay but more as a store of value. What we need for mass adoption is a coin that can be used everyday and fights volatility

[Fedrey]

I do not think that there will be a coin that can compete with Bitcoin, even if it happens, it will not be very soon!

I don't think the future will be our society using just one coin. I think bitcoin is here to stay but more as a store of value. What we need for mass adoption is a coin that can be used everyday and fights volatility

at least, the future of Bitcoin can only be spoken if the cryptocurrency society starts using Bitcoin for a full-fledged means of payment. This is the way to save the situation, otherwise bitcoins can leave the market.

[astridwi]

crypto has a lot of contradictions and this makes me even more brave enough to understand that crypto has the potential to develop and have a good existence but because its existence threatens fiat or other systems, statements and strategies are made to cripple crypto. I remain optimistic that crypto will continue to grow and provide many benefits

[Altero]

I do not think that there will be a coin that can compete with Bitcoin, even if it happens, it will not be very soon!

I don't think the future will be our society using just one coin. I think bitcoin is here to stay but more as a store of value. What we need for mass adoption is a coin that can be used everyday and fights volatility

at least, the future of Bitcoin can only be spoken if the cryptocurrency society starts using Bitcoin for a full-fledged means of payment. This is the way to save the situation, otherwise bitcoins can leave the market.

People won't particularly be seeing bitcoin as a form of payment but as a stored of value.  Still bitcoin is on continuing development and might people will realize it and it's full adoption to this.  We cant push them either to use bitcoin as not mandated by the government, but wait the people will do so.

[idontcare]

So we all know bitcoin has a fixed supply. The store of value is there. However when it comes to trading and everyday transactions, we all know we can't use bitcoin sustainably. I've been really exploring stablecoins lately and I'm not really into fiat coins. I think they go against crypto period.

Has anyone looked into Ampleforth (formerly Fragments)? Instead of having a store of wealth, they'r every much like bitcoin where they focus on store of value, BUT they also included the unit of account. Essentially they maintain a price target and uses a protocol to inflate/deflate "amples" proportionally to the market change. So you will always have the same value in your wallet, but the quantity of "amples" can change

Thoughts on this??

Bitcoin has prospects to be used as a full payment instrument in the future. But now this is far from the case. Whales are manipulating prices for this cryptocurrency. This makes it impossible to use Bitcoin as a full payment instrument.

That's right, if bitcoin continues to grow and can do that, it could become a money-maker, but that path is far away. I find it doesn't matter who holds Bitcoin, which direction is important in the future, I have not seen any signs of it 

[Lagduf]

Very intriguing concept imo ever since I heard about them. I see lots of potential and even though they are not technically a stablecoin, they're generally lumped in with them. I like that they're backed by True Ventures and Pantera. Also, the team is stellar (all from Google and Uber)

I have to say that I do not have such knowledge as you have about who supports whom, because it seems to me that today this is a very intriguing situation that will seem very sad. In any case, today BTC is developing and will do it.

you should look into ampleforth. good stuff. wish there was a video out there about them

yup very stealth project with not a lot of info out there about them. Hopefully they push out some content soon

Most of a good platform is never get a lot of advertisement because they have a big coorelation with the big investors. Im interesting with the idea that will be used by ample forth but just curious about will the idea run as expected by the developer?

[ggeorgeokafor]

they are still interrelated as of now.. nothing much can be done unless all countries acknowledge bitcoin as a legal tender.

[markovicmarge]

the love story will continue... fiat still backs-up crypto in some ways

[otundebis]

Those that will like to use the service of suggested coin are probably not in the market.  Bitcoin is use more beyond store of value,  the future prospect and value of bitcoin is essentially the motivation for large percentage of those that invest in bitcoin!