Topic: What type of system would it take for you to regard it as a threat to Bitcoin? - page 2. (Read 1531 times)
March 19, 2015, 01:49:48 PM
Sentient true general A.I., but there's close to zero probability of such technology emerging in time to save fiat from the looming black hole that is bitcoin.
March 19, 2015, 01:32:23 PM
If Ripple was much more user-friendly (for non-tech people), then they could have been a real threat to Bitcoin. The way they are (or were last time I checked), they will never grow past a small % of the potential user-base.
March 19, 2015, 01:28:22 PM
What type of system would it take for you to regard it as a threat to Bitcoin?
Something that is better. As you say they're not really threats as they're just another way to spend your fiat. Bitcoin is entirely different in it being a truly unique currency as well as a payment system. If anything, bitcoin is a threat to them not the other way around.
Something that is better. As you say they're not really threats as they're just another way to spend your fiat. Bitcoin is entirely different in it being a truly unique currency as well as a payment system. If anything, bitcoin is a threat to them not the other way around.
March 19, 2015, 12:56:13 PM
I think something exactly like a bitcoin system, which will allow you to send payments just like bitcoin but that is not anonymous. Anonymity is definitely something nice to have but to keep the scams and thefts away a non-anonymous system might be a real threat to bitcoin.
March 19, 2015, 11:21:02 AM
I only see regulation, or outright ban of bitcoin as a threat.
There are quite a few proprietary operating systems, GNU/Linux was only used by enthusiast at the beginning, there were many discussions like this, will Microsoft crush linux, and it didn't, today, GNU/Linux and it's variants are the most used operating systems in the world.
There are quite a few proprietary operating systems, GNU/Linux was only used by enthusiast at the beginning, there were many discussions like this, will Microsoft crush linux, and it didn't, today, GNU/Linux and it's variants are the most used operating systems in the world.
March 19, 2015, 11:11:04 AM
Every time a new type of payment processor is launched by The Man, there's plenty of screaming about it being a threat to Bitcoin.
As many patiently point out, they're never anything more than a fancier way to spend or tokenise existing currencies. They'll make life more convenient but do nothing to address the underlying problems that some are aware of. That goes for everything from Applepay to IBMcoin to Ripple.
With that in mind, do you think the powers that be will ever come up with something that has you questioning BTC's viability? If so, what elements would they be offering and how might it match or differ from BTC?
As many patiently point out, they're never anything more than a fancier way to spend or tokenise existing currencies. They'll make life more convenient but do nothing to address the underlying problems that some are aware of. That goes for everything from Applepay to IBMcoin to Ripple.
With that in mind, do you think the powers that be will ever come up with something that has you questioning BTC's viability? If so, what elements would they be offering and how might it match or differ from BTC?
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