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.
⚡️⚡️Reposts that reply will get 3 digit zaps⚡️⚡️
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We can then extend this helpful analogy by realizing that lingua francas change over time.
https://en.m.wikipedia.org/wiki/List_of_lingua_francas
.. in keeping with your excellent logic, it would then be logical to say that just as any one lingua franca's dominance faded over time, as English is sure to fade in time as well so will Bitcoin as the dominant cryptocurrency.
Not in my or your lifetime so pretty irrelevant imo but yeah
That is, of course, what they all thought, until gradually then suddenly, it was not so anymore.
You've also missed my deeper point, which is that your analogy sucks, as you're comparing apples to oranges.
That is clear in this case as well, since once thing is human languages, another is technology, which changes at an insane rate and evolves exponentially.
What takes 200 years in the domain of changing customs in usage of human language, might take 10 years in the domain of technology.
Let me know when suddenly happens and I’ll apologize to every shitcoiner ever.
Until then, im bored of this.
HFSP (for now)
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lol dude, you're an ignorant idiot, just like all the other maxipads.
I've been in Bitcoin since well before the Silk Road days, chances are I know a lot more about it than you, and chances are I'm not HFSP.
Just so you know, many of the Bitcoiners from back when are also into Monero. Unlike your myopic NGU philosophy, we wanted true cypherpunk digital cash, and it takes an intelligent person about 10 minutes to realize Bitcoin as it has existed since its inception is not it.
It is, however, good for increasing one's purchasing power. But if you think that's sufficient, you're a fool.
You are only number go up. It's a shame, because each change made to Bitcoin reduces the only leg it has to stand on, namely "the original".
