3 ms·
Bitcoin is a cult. Altcoins are cargo cults.
by awt 8y ago
Bitcoin is a cult. Altcoins are cargo cults.
- Nursie 8y agoAltcoins are exactly the same
- awt 8y agoThat's what the Papua New Guineans thought.
- Nursie 8y agoBut in this case they have the planes too.
- Izkata 8y agoI think that's the idea: https://en.wikipedia.org/wiki/Cargo_cult_programming https://en.wikipedia.org/wiki/Cargo_cult_programming > Cargo cult programming is a style of computer programming characterized by the ritual inclusion of code or program structures that serve no real purpose. > Cargo cult programming can also refer to the practice of applying a design pattern or coding style blindly without understanding the reasons behind that design principle.
- Nursie 8y agoI don't really believe those apply here - they're the same and they're supposed to be, and they function the same. The level of understanding is largely irrelevant.
- hnisgroupthink 8y agoAltcoins are setup to be differentiated or killed by market forces.