Altcoins/memecoins have no moat.
There are millions of new tokens launched every single week, most with billions, quadrillions, or infinite total supply.
Yet there will never be more than 21M Bitcoin for all eternity. Choose wisely.
There are millions of new tokens launched every single week, most with billions, quadrillions, or infinite total supply.
Yet there will never be more than 21M Bitcoin for all eternity. Choose wisely.
Any "Bitcoin 2" will only have to be a response to an exploit and a hard fork upgrade of the existing network in which the old chain would necessarily become unused because it is exploitable. Anything short of a near complete switch of 95% of miners and clients, like a SHA2 to SHA3 upgrade when and if SHA2 ever gets cracked (big IF) will result in a precarious balance that will cost millions their life savings.
The only way I think a hard fork would ever work is compound soft forks that combine into a hard fork only when the overwhelming majority have switched.…
The only way I think a hard fork would ever work is compound soft forks that combine into a hard fork only when the overwhelming majority have switched.…
so bitcoin is unique because it was "first to market"?
well, kind of, but no.. digital curriencies have been attempeted since the 80's.. bitcoin is more like an "inflection point"
well, kind of, but no.. digital curriencies have been attempeted since the 80's.. bitcoin is more like an "inflection point"
Why is this concept so difficult for people to grasp? I can't seem to express it properly, or the listener is just willfully ignorant to protect their bags.
