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Interesting post in that this is the first time I've seen someone from the bitcoin speculator group challenge the thesis of those in the VC/startup group. Both
by klochner 12y ago
Interesting post in that this is the first time I've seen someone from the bitcoin speculator group challenge the thesis of those in the VC/startup group.
Both groups are clearly 'talking their book', but this reads like little more than cheerleading/threatening aimed at himself and fellow speculators. For example:
If Cryptocurrency 2.0 ever replaces Bitcoin and all Bitcoins
become worthless, confidence in the category of
cryptocurrencies in general will be, I believe,
irreparably damaged. If Cryptocurrency 2.0 just replaced
Bitcoin, there's nothing stopping Cryptocurrency 3.0 from
replacing Cryptocurrency 2.0 and sending the value of its
tokens to zero. Ad infinitum.