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by cosmodisk
1945 days ago
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Define success. Are cigarettes successful for their manufacturers? Yes, absolutely,they are swimming in money. Is it a success to other stakeholders? No, it's not. Bitcoin is a huge success to the speculators riding the wave or early adopters who held it long enough. If smaller groups benefit from it, that doesn't necessarily mean it is universally successful. |
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Bitcoin was a daring experiment in game theory, open-source protocol, and human incentives, and is a success by any common-sense measures:
- Adoption of the protocol
- Money devoted to protol
- Human attention given to the project
- Number of computers running it's code