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It’s not. There is a huge gulf between Bitcoin and the rest of the crypto space. Bitcoin is certifiably decentralized hard money with an ossified monetary polic
by rufusroflpunch 5y ago
It’s not. There is a huge gulf between Bitcoin and the rest of the crypto space. Bitcoin is certifiably decentralized hard money with an ossified monetary policy. I believe it is reasonable to conclude that something like Bitcoin can only happen once. The rest of crypto space isn’t really trying to be money, or is only pretending to be.
- lgvld 5y ago& what about Monero?
- danlugo92 5y agoRegardless of Monero's technicals, new upcoming updates to BTC will infuse with privacy, therefore making Monero et al redundant. BTC is also getting smart contracts soon, which makes ETH redudant as well, but it will take a while before it catches up in terms of possible complexity of the contracts.