Because 10x improvement over money is 7 tx/s right? If it was that easy, crypto would be our money now. I’d say both share similar magnitude challenges: poor scalability and giant moats to overcome (centralized governments and centralized enterprises).
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"if Bitcoin didn’t have a fixed money supply, it would be replaced by something which did. money exists to be saved, the savers are better off on the fork which most encourages saving."
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That doesn’t mean the community would legitimize it. You can launch a 1000 fixed supply cryptos today w/ 10m supply but they’d go nowhere. Trying to replicate BTC’s success is almost impossible in today’s world wouldn’t you agree? As I said, it would depend on how it launched.
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Agreed. Being first mover + immaculate conception + anonymous founder + most decentralized + longest lasting lindy effect + network effects help a lot.
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Yah agreed! Genesis is a special and tricky thing to replicate and depends on the environment at the time. Launching today pretty much means it’s institutionally owned. And the rest (decentralization, censorship-resistance, security, etc.) must be earned over time.
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Yup. Grin is trying hard to do it pure though.
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Yep. Will be interesting to see it play out.
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Though most of the top 10 crypto funds have already bought $millions worth of mining contracts

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Yah exactly. It’s almost impossible to not institutionalize. Everyone knows about it now.
End of conversation
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