Topic: Is Bitcoin like McDonald's, and altcoins are like coffee houses? (Read 1340 times)

It's like you don't understand English or something. I don't know anyone who exclusively uses Dogecoins. What you're saying makes no sense whatsoever.

You don't understand me. I'm speaking about "the experience economy" theory and about consumer choice, not about coffee or hamburgers.
Altcoins are created for many different reasons and things. But we are talking not about for which reasons their original devs have created them,
but will people use them, or not, will people spend them, or not, will people buy goods or services with them.

I don't mean altcoins like altcoin of runners, altcoin of aquarium fans, altcoin of coffee lovers etc.

An example: DOGE was created for fun. The question is will DOGE lovers use Dogecoin to buy goods or services, or they will use BTC alone.
My answer is yes, they will use DOGE.

I'm comparing apples with apples.
if you are gonna compare cola with beer, it would be like comparing cryptocoins with treasury bonds, which wasn't your original point.

There are way too many altcoins, most of which are just shitcoins with no innovation, created for the main purpose of making a quick buck.

Not everybody loves Cola, coca or pepsi. It's a drink derived from the U.S, which is really implemented into world market (McDonald's has made it very popular), but there are many other drinks which some consumers prefer: juices, beer, national drinks.

And now imagine that you have nothing but Coca-Cola or Pepsi. Would you like it?

This thread is a complete fail. Altcoins are created for many different reasons. Some are created to serve a particular community, or as stated above, most of the time they are created to make bitcoins. Your analogy fails.

Altcoins are for so many different things and reasons that your comparison is not even close.
Worst analogy ever. You FAIL at analogies.

The reason why you're getting so much pushback, I suspect, is because experience marketing requires structure - which we cryptonauts see as "centralization." Really, if you accept the conventional sense of the term, there's no way to square the circle. Not as long as delivering a consistent experience requires structuring and control - i.e., centralization. Even if its iCentralization.

In the same time I see intelligent people here Nxtblg, for example, who are providing real argumentation in favor of good altcoins.

Totally agree! The guy has a bright fantasy.
By the way, McDonald's is a bad example because it has struggling sales 
 

it's totally different, most of altercoin was created just for earning bitcoin, that's the really purpose.

That's one of the worst analogies ever

LTC is basically coke zero. A watered down version that is much shittier. Of all alts, LTC literally has the least features possible

Bitcoin is like Coca-Cola and altcoins are like wannabe-colas

Yes, I know, altcoins are not mainstream now.
I'd like to share with you idea that came to my mind today in a process of discussing with GODLIKE.

You want to eat? McDonald's is everywhere, it is implemented into market, cheap and fast food, you can buy a coffee or ice cream there,
many customers are loving it, why do we need all these Starbucks, cafes, or restaurants?
Let it be McDonald's everywhere, no hunger, triumph of freedom!

We can compare altcoins with restaurants or coffee houses, when Bitcoin is like McDonald's... (queues, crowding, noisiness, no available tables sometimes)  long synchronizing, block size problems, but lite fast versions (similar to fast food) are here to help you, everything is stable, reliable, and many customers trust and love it!
McDonald's has great market capitalization and it is successful business.

I read old bitcoin discussions sometimes, and first BTC adopters often had been asked: why do we need BTC, if we have usd banknotes (private, usable, accepted everywhere)? How we are tired of your bitcoins! Nobody will use them! Why do we need them, if we have instant mobile payments and other good common payment methods?

Today we are hearing these words regarding altcoins, only instead of usd banknotes people point BTC.

The experience economy theory
https://en.wikipedia.org/wiki/The_Experience_Economy

A core argument is that because of technology, increasing competition, and the increasing expectations of consumers, services today are starting to look like commodities.

The classification for each stage in the evolution of products is:
A commodity business charges for undifferentiated products.
A goods business charges for distinctive, tangible things.
A service business charges for the activities you perform.
An experience business charges for the feeling customers get by engaging it.
A transformation business charges for the benefit customers (or "guests") receive by spending time there.

An experience business is what we have when we deal with altcoins. Features, similar to Bitcoin generally, but different communities, different development, different FEELING.

Bitcoin is great but boring, if it is alone,
is it just me, or do you think so, too?

A better analogy would be: Bitcoin is like Coca-Cola and altcoins are like wannabe-colas

A better analogy would be: Bitcoin is like Coca-Cola and altcoins are like wannabe-colas

They promise new and improved flavors but eventually fizzle out when costumers realize they are nothing but cheap imitations of the original thing

Litecoin seems to be the Pepsi so far

I think your analogy has some interesting thoughts to it. and could be expanded upon more


i am sorry for people on the forum who just like to hate.

J