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Topic: LTB's bitcoin 2013 News Coverage: Interview w/Mike Hearn (NEW UPDATE) - page 2. (Read 1683 times)

hero member
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I just love this show. It gets better each and every time.  A couple of my friends were listening behind me and agree this show is really good.
legendary
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Okay, I just listened to the whole thing. Very nice!

I just have to comment on the very end about alt-coins. Usually it seems I agree with Erik Voorhees at a 99.999% ratio, but both he and the interviewer are far from my thinking here.

The questioning started off immediately on the wrong foot, suggesting an alt-coin needs to replace Bitcoin to be successful, and Erik went along with that premise. What they both don't seem to consider is an alt-coin working alongside Bitcoin.

Why would Litecoin need to replace Bitcoin to be successful? Why would you imagine the market must use either or, with only one reigning supreme? I understand that's how people are used to looking at products in a store, pricing shown in only one currency, but I believe that will change. I almost feel some people view alt-coins as a threat to Bitcoin, but that's not it at all. I completely agree Bitcoin will not likely be displaced by an alt-coin, but that's not the hope of alt-coin supporters.

Alt-coins actually strengthen cryptocurrency overall. I've posted various ways this is so. Last, yes, Litecoin does have network effect, which is growing. There are goods and services being developed targeted just at litecoins, far more so than the newest alt-coins, similar to how Litecoin is positioned relative to Bitcoin now.

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Community Manager at Letstalkbitcoin.com
Let's Talk Bitcoin! is a show for users new and old of Cryptocurrencies and
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Bitcoin Conference 2013 Part 1: Interview with Eric Voorhees

  • Why Satoshi Dice is Gone from the land of the free
  • Why Panama?
  • Bitcoin based autonomous region, and the lesson of the Honduras free zone
  • Behind the man, history and hopes
  • Why Join, then Leave the Free State Project?
  • Why this time really is different
  • What’s the scenario that keeps you up at night?
  • What do you think of Ripple in its current iteration?
  • Are Bitcoin Businesses Possible in the US?
  • What’s Wrong with Mt Gox?
  • Is Bitcoin the future, or is it just Cryptocurrencies in general?
  • What do you think of Alt-Coins?



===================================================================================================================
UPDATE #1: STEPHANIE MURPHY'S INTERVIEW WITH MIKE HEARN

Bitcoin 2013 Conference Coverage!

Stephanie’s Interview with Mike Hearn

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Shownotes for Bitcoin 2013 - Mike Hearn Interview

  • Decentralized Android for Bitcoin
  • Smart Property
  • The nature and future of money
  • Trading Bitcoins with Satoshi
  • and more!
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