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Why not taking the source code, improving it and releasing your own genesis block to prove your point? Or pointing out an existing altcoin with higher (or faste
by oleganza 13y ago
Why not taking the source code, improving it and releasing your own genesis block to prove your point? Or pointing out an existing altcoin with higher (or faster growing) market cap for that matter?
- Grue3 13y agoYour failure of logic is remarkable. My point was not that it's possible to make a better bitcoin (indeed, I even pointed out that it might be impossible). The point was that the flaws of bitcoin make its usage impossible for any serious purpose.
- oleganza 13y agoCould you elaborate on that? I myself write a lot on how Bitcoin can be used for not only "serious" purposes, but also for purposes impossible without Bitcoin (blog.oleganza.com). Since Bitcoin is at very least is just an asset, any money business that exists today can use Bitcoin and enjoy lower costs of handling it. Then, there are special properties that make possible entirely new business models. Of course, Bitcoin itself is not without risks of crypto failure or miners' attack, but so is any other asset: gold can be stolen, govt money can be inflated or confiscated, milk can be spoiled etc.