Replying to Avatar AnnSofiNovelist

It has nothing to do with what anyone on Nostr says. It has to do with the properties of bitcoin being totally different than any cryptocurrency. Others have tried doing something Similar to bitcoin with a fixed supply and decentralized etc. However, they have a lot of catching up to do to actually surpass Bitcoin.

Plus, if someone calls it crypto, it's a tell tale sign of, "it will go to zero".
72
KentuckyChicken 8mo ago

Quantum computing has a real possibility of making the value of a Bitcoin zero.

Bitcoin transactions are extremely slow.

I could be wrong. Its already outlived my expectations.

But I dont expect it to be the last digital currency. Just the first successful one.

Reply to this note

Please Login to reply.

Discussion

Avatar
AnnSofiNovelist 8mo ago

Ah I see.

I'm not sure about quantum computing because of what I've heard from people who actually understand it, and it seems there's a misconception causing the fear of ot taking down bitcoin.

But yes, as people realize what actually works, and work from actual first principles and decentralization and such, in the future there might come something that out competes bitcoin.