3 ms·
>If people would rather use something else to trade with This is the key problem with moving away from bitcoin. Both parties have to accept whatever the new cu
by screaminghawk 11y ago
>If people would rather use something else to trade with
This is the key problem with moving away from bitcoin. Both parties have to accept whatever the new currency is. The real issue any of the alt coins face (and even bitcoin itself) is user adoption. People won't adopt a new currency just because it's good, it has to be popular/accepted.
- javert 11y agoIf you think that's true, you must assume that bitcoin is just a hokey experiement, because nobody would switch to it in the first place. Sure, if bitcoin were widely used, it would be very hard for something else to overtake it. But it's not widely used yet. We have not really reached that point. Something else can still be http and bitcoin can still be gopher. That said, I am still speculating long-term on bitcoin becuase I don't think anybody can/will come out with something that is non-marginally better.