Now class, today I'm going to demonstrate how to use logic and public debate to discern who the
real retards in this thread are.
1) he only mentions bitcoin in particular, never uses the term digital or crypto currencies in general.
How many internet protocols are out there competing with HTTP on a similar scale? The fact of the matter is that no altcoin to date has added ANYTHING meaningful or necessary over bitcoin. Even if they did, it wouldn't matter.
Bitcoin is organic, it would adapt and swallow those changes if they were truly a make/break situation for the currency.
2) he is 100% sure that only bitcoin will succeed whilst the rest is doomed to zero, so that bitcoin will have over 99.9% of crypto currencies market cap.
99.9%?
Bitcoin will have 99.99% or more of crypto market cap within 10 years.
3) he hates all alternative crypto currencies, in particular Litecoin. some bitcointard, who never caught one Litecoin train, might happen to like dogecoin or some other crap token with some features easily replicable by the same bitcoin protocol.
Let's start with the name "Litecoin", this is a blatant attack on bitcoin, as the implication is that bitcoin is "heavy", AKA "not green", AKA "bad for the environment". It's a clever political assault used to make the creator of this knockoff currency very, very wealthy.
Reality: Bitcoin's energy use is completely negligible in the context of global industrial civilization. Miniscule, even. What does Litecoin add, from a technical perspective, to the protocol? Oh right, NOTHING. Litecoin (and Doge) are about as important and relevant as
IPoAC.
Harsh reality: Advent of cryptocurrency makes no difference one way or the other,
this planet is fucked. With regards to climate change,
we're on a speeding train heading off a cliff, and we're too busy counting our money to notice.4) he hates gold and metals more than inflated bonds and equities. He wish gold could go to zero so bitcoin will take its place as store of value and safe haven currency.
I don't
hate gold or metals any more than I hate the horse and buggy. I just tend to recognize when something is about to become obsolete (as a store of value, in this case), because I possess exceptionally strong pattern recognition ability.
5) He talks shit about alternative protocols such PoS
There are no alternative protocols. Their very existence is an extremely temporary illusion, visible only from the myopia of the present moment. Historically speaking they will be invisible and largely forgotten, just like any of the myriad alternatives to HTTP were.
Feel free to learn before you speak next time.
Comes up with terms like bitcointard.
QFT, and only valid indicator in the thread.