That's true because it is arguably that Blockchain is the center of coin.
True
Topic: Proof of Blockchain gives Bitcoin its value (Read 131 times)
That's true because it is arguably that Blockchain is the center of coin.
True
Yes that is why it is paradoxical and stupid to say we want to keep the blockchain but bitcoin we don't want you. That is akin to you saying I want the new tires of the care but I want to keep the horse carriage, it just doesn't make sense!
It's not impossible for Bitcoin to disappear. Jewelry can exist without gold.
However, a lot of the fascination and endeavour with blockchain will inextricably be tied up with that of Bitcoin.
And to continue the analogies... the tulip bubble didn't spawn a whole new species of flora.
Yes that is why it is paradoxical and stupid to say we want to keep the blockchain but bitcoin we don't want you. That is akin to you saying I want the new tires of the care but I want to keep the horse carriage, it just doesn't make sense!
That's true because it is arguably that Blockchain is the center of coin.
Cynically this could just be seen as people trying to shoot down bitcoin without wanting to say that they dont like the technology. Blockchain technology offers advantages over current methods/technology in many fields and saying its dumb would likely hurt their reputation.
Bitcoin has a long way to run until it hits mainstream adoption and its not exactly hard to make comparisons to the tech boom in the 90s when internet businesses were springing up all over the place. Internet is like blockchain, you cant shoot it down, but bitcoin is compared to any startup that was there and it may not make it (though I personally do not see that happening).
I've previously posted about my take on the value of bitcoin - https://bitcointalksearch.org/topic/m.30381912
Blockchain can continue to live without bitcoin, but that does not mean that bitcoin will die.
Bitcoin has a long way to run until it hits mainstream adoption and its not exactly hard to make comparisons to the tech boom in the 90s when internet businesses were springing up all over the place. Internet is like blockchain, you cant shoot it down, but bitcoin is compared to any startup that was there and it may not make it (though I personally do not see that happening).
I've previously posted about my take on the value of bitcoin - https://bitcointalksearch.org/topic/m.30381912
Blockchain can continue to live without bitcoin, but that does not mean that bitcoin will die.
Firstly, thank you for picking this up (before it was pushed off the cliff by questions like "Can bitcoinz help me fly?").
I agree that the technology that created Bitcoin will always outlast Bitcoin. However, I still think that for every person who buys into blockchain either academically or industrially, a subset of those people and their associates will also buy Bitcoin.
In the 10th century anybody in the jewelry industry would probably have had a little gold in their personal trinket box.
Bitcoin is the first product of this blockchain technology so it will never die. When blockchain reach mass adoption, and so will bitcoin. They just can't accept that someone made that technology and made it successful.
bitcoins tech is becoming to old most of theses altcoins can do what bitcoin does for the fraction of fee cost and 5x faster.
It is said that because bitcoin currency is the first coin created in the world of cryptocurrency, and it is true that if Blockchain is gone then bitcoin will also disappear.
I mean people say this time and time again, they say that they don't like bitcoin though they do like the blockchain. But here's the thing, Bitcoin is worth an insane amount of money (market value) and it has a presence and a following at the moment. So people are going to have to give Bitcoin the necessary credit for doing what it has done to the internet, even if it isn't much, it's a big stray from the norm of only companies being able to handle online currencies (Paypal, Banks,etc)
I don't think all of the value of bitcoin comes from the blockchain though.
I don't think all of the value of bitcoin comes from the blockchain though.
Cynically this could just be seen as people trying to shoot down bitcoin without wanting to say that they dont like the technology. Blockchain technology offers advantages over current methods/technology in many fields and saying its dumb would likely hurt their reputation.
Bitcoin has a long way to run until it hits mainstream adoption and its not exactly hard to make comparisons to the tech boom in the 90s when internet businesses were springing up all over the place. Internet is like blockchain, you cant shoot it down, but bitcoin is compared to any startup that was there and it may not make it (though I personally do not see that happening).
I've previously posted about my take on the value of bitcoin - https://bitcointalksearch.org/topic/m.30381912
Blockchain can continue to live without bitcoin, but that does not mean that bitcoin will die.
Bitcoin has a long way to run until it hits mainstream adoption and its not exactly hard to make comparisons to the tech boom in the 90s when internet businesses were springing up all over the place. Internet is like blockchain, you cant shoot it down, but bitcoin is compared to any startup that was there and it may not make it (though I personally do not see that happening).
I've previously posted about my take on the value of bitcoin - https://bitcointalksearch.org/topic/m.30381912
Blockchain can continue to live without bitcoin, but that does not mean that bitcoin will die.
Every single economic expert says the same thing i.e. Bitcoin is doomed but there is value in blockchain.
If bitcoin is seen as ultimate proof of blockchain, then surely Bitcoin has to live as long as blockchain?
If bitcoin is seen as ultimate proof of blockchain, then surely Bitcoin has to live as long as blockchain?
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