[StavrosK]

> I think an even bigger danger than failing spectacularly is if they take too long to roll it out. Other cryptocurrencies are already gaining some favor because of the situation BTC is in now with the high transaction fees.

Who cares? Honestly, who cares if BTC is the one that wins? I only care about some cryptocurrency seeing mass adoption, I don't care if that's BTC or any of the other thousand coins.

[bigtunacan]

Well certainly all of the HODLers care. Some of them have a lot to lose if Bitcoin fails.

I think a bigger risk than specifically Bitcoin failing is all this crypto fragmentation. If not Bitcoin, then what?

When Yahoo was replaced by Google people switched and their lives didn’t change.

If/when Bitcoin goes to zero people could lose faith in crypto completely there might never be a replacement.

[cik2e]

The fragmentation is fine. Technology is in the works to make blockchains interoperable. Look up Polkadot.

[bigtunacan]

I’m aware of some of these efforts. I’ve been following REQ.

If currencies go to zero and the masses lose their money then they could lose faith in the whole system. Interop of 100+ currencies won’t matter if all have zero value.

I’m not saying this will happen, but suggesting it’s a worst case scenario.

[Anderkent]

>Who cares? Honestly, who cares if BTC is the one that wins?

Well, everyone who is long on BTC.

[cik2e]

They should be diversified or else they deserve the pain.