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Topic: lol: blockchain - yes; bitcoin - no - page 4. (Read 3152 times)

legendary
Activity: 1106
Merit: 1000
July 15, 2015, 07:14:57 PM
#8
Well blockchain i dont like it, i like bitcoin but i hate blockchain, some unconfirmed transaction etc...

which is not true or i disagree i have tried may wallets computer and mobile both and blockchain works the best amoung all its very lite even with slow internet connection it works great and dont ask for any kind of documents like some other wallets and about the transactions this is just now ofcourse it is not gonna stay like this
legendary
Activity: 1470
Merit: 1002
July 15, 2015, 05:54:28 PM
#7
Well blockchain i dont like it, i like bitcoin but i hate blockchain, some unconfirmed transaction etc...
newbie
Activity: 56
Merit: 0
July 15, 2015, 05:45:10 PM
#6
For the moment, the bitcoin blockchain is the most 'used' and it is the most secure but like I said "for the moment". However it is normal that in the future someone will build something better than the actual bitcoin (this is obvious... technology).
Says who? You can't know this for a fact. As long as the developers actually do their jobs, there is no reason for Bitcoin to fall behind.
So far, we've seen almost no implementations in the altcoin world that deserve the attention of Bitcoin. Besides, when (if) *insert company/government agency* creates another coin it is going to violate one of the fundamental ideas of such peer-to-peer currencies, which is no central authority.


Update: Several corrections.

Currently we have the Internet. But one day we will use a different Internet... you know... innovation..
legendary
Activity: 2674
Merit: 2965
Terminated.
July 15, 2015, 05:38:13 PM
#5
For the moment, the bitcoin blockchain is the most 'used' and it is the most secure but like I said "for the moment". However it is normal that in the future someone will build something better than the actual bitcoin (this is obvious... technology).
Says who? You can't know this for a fact. As long as the developers actually do their jobs, there is no reason for Bitcoin to fall behind.
So far, we've seen almost no implementations in the altcoin world that deserve the attention of Bitcoin. Besides, when (if) *insert company/government agency* creates another coin it is going to violate one of the fundamental ideas of such peer-to-peer currencies, which is no central authority.

Update: Several corrections.

Currently we have the Internet. But one day we will use a different Internet... you know... innovation..
If you mix that up with this thread, the conclusion is that we should not be using the internet because there will be a better one in the future. I don't understand people that really doubt Bitcoin, especially newer members of this ecosystem.
sr. member
Activity: 434
Merit: 250
Loose lips sink sigs!
July 15, 2015, 05:13:19 PM
#4
Ah, this is OK. Try not to take offense. They don't mean that Bitcoin must go away, they're just only interested in the blockchain technology for their endeavor.

Think about it. You have some business, you realize that blockchain technology can increase processing time, confidence in accuracy of transactions or processing, reduce risk, save you money, earn you money and you think "Yes, this blockchain technology is GREAT!" That's not a knock to Bitcoin, it's praise of Bitcoin.

There's all sorts of ways to apply this great new technology to the business world and Bitcoin will always be the project that started it.

Bitcoin will also (hopefully) remain as an alternative currency, and that'll will be determined by a community of people using Bitcoin and governments deciding not to outlaw it.

This further legitimizes Bitcoin - it's not some "internet video game currency", it's sophisticated, useful, and backed by something that is really, really ingenious.
legendary
Activity: 1778
Merit: 1043
#Free market
July 15, 2015, 03:00:46 PM
#3
They can make an altcoin and voila, they'll have a blockchain.
But there's no stronger blockchain than Bitcoin's. And if that's advertised enough, organizations will come for the blockchain and will have to use bitcoin for that.



For the moment, the bitcoin blockchain is the most 'used' and it is the most secure but like I said "for the moment". However it is normal that in the future someone will build something better than the actual bitcoin (this is obvious... technology).
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
July 15, 2015, 02:56:16 PM
#2
They can make an altcoin and voila, they'll have a blockchain.
But there's no stronger blockchain than Bitcoin's. And if that's advertised enough, organizations will come for the blockchain and will have to use bitcoin for that.
full member
Activity: 399
Merit: 105
July 15, 2015, 02:53:11 PM
#1
This is the third story today by someone who asserts their brilliance by saying: "we are interested in blockchain; bitcoin not so much".  It is meant to show you are a bigshot if you can put forth another version of this over-used line.  
Here is one: http://www.cityam.com/220231/why-i-chose-float-fintech-business-london

Here is another: http://www.coindesk.com/standard-chartered-exec-touts-blockchain-tech-for-trade-finance/

It reminds me of the time an English man was explaining to his son on an airplane that: 'it is the wings that makes the airplane fly'.  I immediately thought - it's the fucking engine that makes it fly - and the rudder too, and the cockpit too, and the pilot too.  Even the landing gear - although I'd have to argue the landing gear makes it fly again.

There isn't such thing as Bitcoin or blockchain.  Bitcoin includes a blockchain and a bunch of other stuff. Go ahead, try to make your blockchain without some bitcoin behind it.  Let's see where that will get you.  

People need to quit showing how smart they are by expressing their keen interest in the 'blockchain' while at the same time saying 'bitcoin' isn't so interesting.  All this really does is show you don't understand cryptocurrency.  There is not blockchain without bitcoin.  
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