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Weird. I'm fairly certain you're exactly wrong. This requires getting into the weeds of the tech, but in summary: Bitcoin is the Model T or the grey brick cell
by jrm4 4y ago
Weird. I'm fairly certain you're exactly wrong. This requires getting into the weeds of the tech, but in summary:
Bitcoin is the Model T or the grey brick cellphone of crypto. On one hand, it's the proof of concept that proves the thing can work, and thus changes tech forever. But also, it won't be "the thing" because its tech is inferior to what comes next, and I think it's smarter to bet on the quality of the tech than anything else.
I'm not sure if Ethereum is the next thing, though it's a strong contender. I am nearly certain that bitcoin eventually will not be "the thing;" especially given that the whole point of most crypto is fungibility.