“Esperanto was an international language invented at the turn of the century to cut down on the labor of learning foreign tongues. “. But, you still had to learn it, a foreign tongue.
The Best “alt-coin” analogy I’ve seen yet is Esperanto.
https://en.wikipedia.org/wiki/Esperanto
—Esperanto was an international language invented at the turn of the century to cut down on the labor of learning foreign tongues.
The First mover advantage isn’t more evident than it is here.
No one gives a shit when they have something that works well enough.
Maybe one of these alt coins is “better” than Bitcoin. It doesn’t matter. We have Bitcoin and it works.
Layer 2 can (and will) solve BTC privacy concerns.
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Discussion
I think the analogy works. fixing something that isn't broken.
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Do you actually use Bitcoin non-custodially?
Not as a NGU inert digital rock, but as peer-to-peer digital cash as the whitepaper says.
Nope.
I hodl BTC and spend fiat.
When I want privacy, I use fiat just like most everyone else.
If I ever want to spend my BTC, I will sacrifice privacy just like I do when I use a credit card.
Sure I'm open to an alternative when the alternative is ~16 years old and has had a 3x return for 13 or the 16 years its been around.
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