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by klochner
4130 days ago
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Interesting post in that this is the first time I've seen someone from the bitcoin speculator group challenge the thesis of those in the VC/startup group. Both groups are clearly 'talking their book', but this reads like little more than cheerleading/threatening aimed at himself and fellow speculators. For example: If Cryptocurrency 2.0 ever replaces Bitcoin and all Bitcoins
become worthless, confidence in the category of
cryptocurrencies in general will be, I believe,
irreparably damaged. If Cryptocurrency 2.0 just replaced
Bitcoin, there's nothing stopping Cryptocurrency 3.0 from
replacing Cryptocurrency 2.0 and sending the value of its
tokens to zero. Ad infinitum.
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