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"Maybe Bitcoin itself isn't the final form, but the fact that distributed systems and cryptography tech is out there means the cat is out of the bag." The bitc
by jtwoodhouse 3y ago
"Maybe Bitcoin itself isn't the final form, but the fact that distributed systems and cryptography tech is out there means the cat is out of the bag."
The bitcoiner argument would be that only bitcoin has reached a level of decentralization to survive, and the powers that be stand ready to crush any would-be stronger substitutes before they reach critical mass.
- ijustlovemath 3y agoBitcoin is far too slow and far too energy intensive to ever pose a real threat to a centralized system. I do think there is truth in that the future of currency is decentralized though!