Bitcoin is essentially just a protocol, if you look at it from a purely technical point of view it reminds me a lot of IPv4. People have been predicting it's eventual demise for over 20 years and the way things are going, will be doing so for another 20. Incremental improvements to an established protocol are very often more than enough to keep better alternatives from gaining the necessary critical mass to take over. The tech sector is littered with similar examples. There are notable exceptions but most altcoins are themselves nothing more than incremental improvements over bitcoin.
You are viewing a single comment's thread from:
" Incremental improvements to an established protocol are very often more than enough to keep better alternatives from gaining the necessary critical mass to take over. " You may be correct on this, but there is one thing you overlook....... BTC absolutely REFUSES to make these incremental improvements.
Well you can argue that to some degree but I prefer to avoid religious discussions :)
For the most part I tend to agree with you and if things continue on in that way, someone putting the same argument forward at some point in the future will be right. For now I think Bitcoin still has enough of a lead to stay ahead but will that lead be squandered? Only time will tell.
Yeah. You're right actually.
Mine was just some wishful rant.
Very nicely said.