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There's a customer-base problem here. Bitcoin's expansion is based on who is willing to consider something different. A new alt-coin promising to do the kinds o
by DickingAround 11y ago
There's a customer-base problem here. Bitcoin's expansion is based on who is willing to consider something different. A new alt-coin promising to do the kinds of things Bitcoin does but better (not crack new customers) can only exist by taking Bitcoin's market-share (which is not big). Being honest with ourselves, this is likely to get lost in the noise until bitcoin is large enough and this weakness of it is exploited enough that a substantial amount of people look for an alternative.
- dmix 11y agoThe iPhone still exists despite Android coming out. I see no need for a single currency at a time. There may be ultimately a winner, but there is no stopping each from finding their own niche. What if Bitcoin becomes the currency of Wall St - which is better served by pseudonymous currency - while ZCash fills the more privacy oriented niche for projects like Open Bazaar?