This is not a story about greed or "crypto-envy" which is not even a real thing. This is about a failure to understand what Bitcoin is.https://twitter.com/TuurDemeester/status/867634771697991680 …
You'd find that Lady Luck was really a hooker, and you were fresh out of cash. – Max Payne
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Beautyon Retweeted Tuur Demeester
This is not a story about greed or "crypto-envy" which is not even a real thing. This is about a failure to understand what Bitcoin is.https://twitter.com/TuurDemeester/status/867634771697991680 …
Beautyon added,
Men who think Etherium and Bitcoin are similar suffer from Flat Screen Delusion https://medium.com/bitcoin-think/the-flat-screen-dilemma-e84384cfd19f … Many men suffer from this problem.
ETH, Ripple and all alts are not the same as Bitcoin. They are superficially similar, or technically identical (LTC) but that doesn't count.
There is only one global reserve currency; the US Dollar. There are many other fiat currencies, but only one global reserve currency.
Bitcoin is exactly the same. It is the global reserve currency that will not be replaced by any other currency. Very Probably. :-)
There is one internet. One Global reserve currency. One Amazon. One Google...and only one top crypto currency. This is a law of nature.
If you think alts are an investment, or that youre being smart with a "crypto portfolio" you are not. You don't understand what's happening.
I'd love to see your step by step logical progression as to why only one public Blockchain can survive with all assumptions clearly stated.
First of all, you need to understand what Bitcoin is and what these other systems are trying to achievehttps://hackernoon.com/grundsaudaag-jour-de-la-marmotte-ground-hog-day-8570677dd90b …
1/ I'm literally working on creating a coherent framework to analyze the game theory of public blockchains. Many assumptions in the
I'm buying that book.
Nothing that in depth. Will be an essay eventually. I don't mean to imply rigorous mathematical game theory.
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