Author

Topic: The early adopters problem and the wrong way of thinking (Read 502 times)

sr. member
Activity: 527
Merit: 250
I knew a guy who spent 300€ in 2010 and bought like 3000 bitcoins (worth about 360.000€ right now). I spent 300€ in 2012 and bought 41 bitcoins (worth about 4920€ right now). But the main point is, why should i have the same amount of purchasing power as he does if the risk that he took was bigger than mine. More over, what would be, in 2 years now the price of my 41 bitcoins? Maybe... in 2 years i can sell them for 360.000€ as he is able to do now in reward to keep those coins for 3 years.

So yes, i think a better coin is needed.. but the early adopters problem is not THE problem. The problem is that we need to manage 4000+ transactions per second, and bitcoin is NOT capable to achieve that.

So fuck you if you think you already deserve the purchasing power of the early adopters. Just earn the right to be an early adopter of bitcoin 2.0 and start thinking how to do it  Harder, Better, Faster, Stronger.

http://www.youtube.com/watch?v=K2cYWfq--Nw

P.D. Inflation based currencies are doomed to fail.
Jump to: