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Bitcoin is not inarguably the most successful cryptocurrency. It has completely failed at its stated aim of facilitating payments, and cannot coordinate the nec
by woah 7y ago
Bitcoin is not inarguably the most successful cryptocurrency. It has completely failed at its stated aim of facilitating payments, and cannot coordinate the necessary technical changes for that to be realistic. It has also failed as a platform for programmable money, since its programming language is almost impossible to work with, and once again, it has been unable to coordinate the necessary changes to implement a working language.
What is “the most successful cryptocurrency”? I don’t know, but I would vote for one of those that set out as a development platform, and have successfully ignited a huge amount of experimentation on novel financial and organizational instruments (although their value may be unfounded).
- AndrewUnmuted 7y agoThis confuses me. I make multiple payments every month in bitcoin to fund various web services (i.e. tarsnap, gandi). In fact, I've never had an issue with a bitcoin payment going through. Ultimately, I find the process of paying with Bitcoin to be a joy. I hold my smartphone's camera up to a QR code on my screen, and BAM - payment complete. Yes, most other cryptocurrencies provide the same thing. But Bitcoin provided it first.
- beagle3 7y agoWhich app/wallet/environment are you using? Do you have any other recommendations?
- AndrewUnmuted 7y agoI make payments on my iPhone with Bread Wallet [0]. Have used it for several years, with zero issues. [0] https://brd.com/ https://brd.com/
- andirk 7y agoThis confuses me. I have used Bitcoin as a method of purchasing goods and services and it's quite easy, and indeed fun. Buy some BTC or some Koinye or some other space cash and have your funs.