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I'm not the biggest proponent of bitcoin, some of that is angst from not hodling any, but a lot is I feel it was more of a "concept" or "mvp". Ethereum/Cardano
by gremlinsinc 6y ago
I'm not the biggest proponent of bitcoin, some of that is angst from not hodling any, but a lot is I feel it was more of a "concept" or "mvp". Ethereum/Cardano and other newer chains/tech are the actual "reason" for crypto. DeFi, and De-centralized autonomous organizations are the real world-changing things, eventually we could see a coin with automated taxation/basic income and identities (sybil-proof), it could essentially "beat" poverty and income inequality.
Bitcoin is an energy hog, and not very exciting... but don't throw the baby out with the bathwater cause there's TON of exciting research on blockchain that's way better. I think long-term bitcoin may fall out of popularity, esp as all the new things hit w/ ethereum, cardano, and their competitors and all the sub-chains on them and level-2 making it so transactions aren't nearly as costly.
- atweiden 6y ago> Ethereum/Cardano and other newer chains/tech are the actual "reason" for crypto Not according to the Bitcoin genesis block, without which Ethereum never would’ve existed.