Britain's vote to secede as related to crypto

freshman777

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Quote from: NUFCrichard on June 24, 2016, 07:37:32 AM

Quote from: Wosterlee on June 24, 2016, 03:06:23 AM

I agree with your statement. Just consider bitcoin as the main invitation to the Crypto currencies.

Only thing is that 90% is utter garbage and the other 10% have not proven their mettle yet in terms of scaling.

We still have years left before any form of mass adoption.

I think 90% is very conservative.

Do you count the hackable smart contracts as garbage? If so I would say 99% of Alts are garbage, with most of the others being unnecessary or useless.

The market will decide if they are useless. To most people in the world crypto hasn't been useful but that is changing.

NUFCrichard

legendary

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Quote from: Wosterlee on June 24, 2016, 03:06:23 AM

I agree with your statement. Just consider bitcoin as the main invitation to the Crypto currencies.

Only thing is that 90% is utter garbage and the other 10% have not proven their mettle yet in terms of scaling.

We still have years left before any form of mass adoption.

I think 90% is very conservative.

Do you count the hackable smart contracts as garbage? If so I would say 99% of Alts are garbage, with most of the others being unnecessary or useless.

freshman777

sr. member

Activity: 406

Merit: 250

Agree, this will not happen overnight.

Wosterlee

full member

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I agree with your statement. Just consider bitcoin as the main invitation to the Crypto currencies.

Only thing is that 90% is utter garbage and the other 10% have not proven their mettle yet in terms of scaling.

We still have years left before any form of mass adoption.

ashapasa

sr. member

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I agree with your main point, but it's not a given the crypto resolution will even succeed therefore Bitcoin still remains our best chance for main stream adoption due to network effect and coverage.

freshman777

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Britain's vote to secede is a blueprint for how people can't be flocked into large man-made unions and expected to want to remain under hurting conditions. Growing numbers will want to secede and form their own collective.
People can't be flocked into one Bitcoin, the oneness of man-made money is impossible. There will be more secessions to altcoins as well as direct purchases of altcoins by new users bypassing Bitcoin. Pay attention how I stressed 'man-made', it's an important detail, because man-made can be reproduced, redesigned, enhanced.

Topic: Britain's vote to secede as related to crypto (Read 409 times)