Binance founder 'CZ' leaves prison on Friday

Post by startupsfail » Thu, Oct 03, 2024, 2:32 AM UTC

n_ary wrote: post #83

wongarsu wrote: post #23

Earlier quoted context omitted.

Bitcoin's advantage is mainly its name recognition and unchanging nature (== trust and protocol stability). You could never get the necessary support for any meaningful changes. For people who want proof-of-stake there are plenty of coins doing that. Etherium is probably the best known most established option. But no coin really solves the other big challenge of crypto-currency: barely anyone uses them as currency. M…

I have actually used it to rent VPS, buy game keys(mostly steam), donate to some OSS devs who were promoting crypto currency, donated some to random friends(all of whom lost interest or their wallet secrets), converted to other currencies, lost my own wallet key etc. All these happened in very early days of bitcoin when one could mine using CPU and join a mining pool and others like litecoin were up and coming. But t…