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A Bitcoin Battle Is Brewing

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1–10 of 47 posts

Re: A Bitcoin Battle Is Brewing

#4
Nothing stops alt-coins from continuing to exist independently as they do today if sidechains are implemented.

I liked the VoIP analogy, although other examples abound where an initial network effect was supplanted by competing implementations (e.g. search engines, social networking).

Re: A Bitcoin Battle Is Brewing

#6
Ah, the weekly Bitcoin hype thread. That there is still future for BTC other than a specific niche. The make believe story. In case there are still people not fooled yet. Don't get me wrong, I like BTC. But this speculation driven value investment is not the right way.

Re: A Bitcoin Battle Is Brewing

#7
I'm not trying to be snarky, but wtf did I just read?

The article:

* people are beginning to take bitcoin more seriously.

* there are multiple cryptocurrencies

* bitcoin is the biggest

* namedropping for blockstream

* namedropping for stellar

* ¯\_(ツ)_/¯

* maybe the real competition between cryptocurrencies is still to come

I'm not sure of the message or the point here. My guess would be to namedrop blockstream, but the whole thing is unfocussed and confusing to me.

Re: A Bitcoin Battle Is Brewing

#8
>>Lest you think I’m taking sides already, let me stress that it’s not at all clear that AC is actually better than DC

No, it has been settled for almost a hundred years that AC, for long distance transmission, is the best. Too bad he included something like this. It diminishes his credibility and colors the entire article.

Edit: So I seem to be quite wrong. Well, at least now I know. I stand corrected.

Re: A Bitcoin Battle Is Brewing

#9
post #7

I'm not trying to be snarky, but wtf did I just read? The article: * people are beginning to take bitcoin more seriously. * there are multiple cryptocurrencies * bitcoin is the biggest * namedropping for blockstream * namedropping for stellar * ¯\_(ツ)_/¯ * maybe the real competition between cryptocurrencies is still to come I'm not sure of the message or the point here. My guess would be to namedrop blockstream, but…

What, are you saying they publish Bitcoin articles for the sake of publishing Bitcoin articles? That would upset a lot of people!

Re: A Bitcoin Battle Is Brewing

#10

>>Lest you think I’m taking sides already, let me stress that it’s not at all clear that AC is actually better than DC No, it has been settled for almost a hundred years that AC, for long distance transmission, is the best. Too bad he included something like this. It diminishes his credibility and colors the entire article. Edit: So I seem to be quite wrong. Well, at least now I know. I stand corrected.

DC is better over long distances than AC. The problem with DC is that generators and many engines operate on AC and that was more important at the beginning of electricity use.
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