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by fanciestManimal
1953 days ago
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And yet people still own dollars. I own various investments, and also dollars. I'm aware of what a hard fork is, I'm also aware of what a 51% attack is. The risk of that down the road could be a fair amount of incentive for folks (and the network effect) to get on board. I'm not saying something will happen there. You do need to maintain clarity to understand the reality of what's possible though. It's also possible that bitcoin's first mover advantage is overcome at some point. As I said, I own some cryptocurrency too. It's important to see through the mania that is the current market. |
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The fixed, deflationary nature of Bitcoin isn't the only financial instrument we need, but it is desperately needed in its own right.