Replying to Avatar Clark Moody

Bitcoin Pre-mortem:

It's 2033. Bitcoin is irrelevant. Why did it fail?

(and how can we avoid that fate?)
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dr.fred 2y ago

2033 : bitcoin was taken over by monero which provides privacy and became the world's most used money for this readon. bitcoin trades at 22.300 usd and monero trades at 50.000.000 . 100 dollars buy one egg

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Secretary Janet Yellen 2y ago

#[0]

There's an issue with this thesis:

If monero took over #Bitcoin - the absolute digital scarcity, how long before it's overtaken by another privacy shitcoin like dash, zcash, rose, decred, keep, zen, dero, verge, pivx, zano, vertcoin, grin. wownero, ghost, onion?

Yes, at this point, the humanity is fucked and will be betting on the next coin for eternity. There will be celebrities, companies, governments, pushing for their shitcoin and flippening will become a household word. Dark future indeed.

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78e47dfe... 2y ago

Monero is slow and the only option they have is custodial, gtfo

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Robert Gremillion 2y ago

I think Monero did things out of sequence. Bitcoin is using the Trojan horse method. Reeling people in with money go up tech first. Privacy will be from 2nd and 3rd layers.