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Except you cannot just start your own global ridesharing service, can you?
by allendoerfer 5y ago
Except you cannot just start your own global ridesharing service, can you?
- gruez 5y agoCan't you say the same for bitcoin? Anyone can make a bitcoin clone, just like anyone can code a ridesharing app in a hackathon, but your clone isn't going to be the one recognized by everyone.
- shrimpx 5y agoBut crypto clones are much easier to create and have adopted than a company with real infra. The phenomenon of “this coin is too expensive let’s buy this new one hoping it’ll moon” is very real in crypto and encourages the creation of clones. Then miners then trivially shift their hash power to whatever clone gets the crowd interested.
- RestlessMind 5y ago> But crypto clones are much easier to create Agreed. > and have adopted than a company with real infra Disagreed. Cloning is super-easy, adoption is super-hard.