Do you know why there won´t be any flippening? - page 2.

hatshepsut93

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Quote from: batang_bitcoin on May 24, 2020, 03:55:51 PM

Bitcoin has a creator and that's the name Satoshi Nakamoto which is a pseudonym. We don't know if it's a particular one person or a group of people that worked to make bitcoin.

What OP is essentially saying is that Bitcoin is much more decentralized than alts, it doesn't have a "benevolent dictator" like Ethereum, it isn't owned by a company like XRP, it's not heavily influenced by a single individual like Bcash or BSV - in fact, most Bitcoin users won't be able to name a single Bitcoin developer, and it's okay because it means that they don't interfere with the network, they just write code to make Bitcoin better.

ene1980

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Quote from: r32godzilla on May 24, 2020, 02:07:03 PM

Because Bitcoin doesn´t have a creator, it wasn´t created for a profit and this you have to realize when you invest into altcoins.
For example, do you think that Facebook is going to create better world with its Libra? No, they see only profit and will do everything to maximize the profit.

Bitcoin does have a creator but it is not premined by Satoshi to make a profit, the rest of the altcoins in the market are created to benefit the developers and facebook wanted to venture into the new market that could make them benefit in the long run.

Quote from: r32godzilla on May 24, 2020, 02:07:03 PM

I believe that one day people realize, how bad is current financial system, that it is owned by elite and no altcoin will solve this problem, only Bitcoin. Wink

The financial system is in chaos but none of the crypto will replace them rather it will be an alternative option. In the future we might see major changes in the scaling and then we can talk about bitcoin solving the shortcomings of the banking sector.

batang_bitcoin

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Quote from: r32godzilla on May 24, 2020, 02:07:03 PM

Because Bitcoin doesn´t have a creator, it wasn´t created for a profit and this you have to realize when you invest into altcoins.

Bitcoin has a creator and that's the name Satoshi Nakamoto which is a pseudonym. We don't know if it's a particular one person or a group of people that worked to make bitcoin. But they have an aim and that's to make bitcoin a getaway from centralization.

Quote from: r32godzilla on May 24, 2020, 02:07:03 PM

For example, do you think that Facebook is going to create better world with its Libra? No, they see only profit and will do everything to maximize the profit.

I believe that one day people realize, how bad is current financial system, that it is owned by elite and no altcoin will solve this problem, only Bitcoin. Wink

We do agree with this. Cheesy

kindbtc

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I agree with you somewhat about bitcoin and the problems it solves plus its pure decentralized model while other alts being run like a company of a typical corporate sector but btc has to improve rapidly and get rid of scalability issues to truly rule this market.

r32godzilla

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Because Bitcoin doesn´t have a creator, it wasn´t created for a profit and this you have to realize when you invest into altcoins.

For example, do you think that Facebook is going to create better world with its Libra? No, they see only profit and will do everything to maximize the profit.

I believe that one day people realize, how bad is current financial system, that it is owned by elite and no altcoin will solve this problem, only Bitcoin. Wink

Topic: Do you know why there won´t be any flippening? - page 2. (Read 224 times)