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).
"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."
-
-
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.
-
Agreed. Being first mover + immaculate conception + anonymous founder + most decentralized + longest lasting lindy effect + network effects help a lot.
-
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.
-
Yup. Grin is trying hard to do it pure though.
-
Yep. Will be interesting to see it play out.
-
Though most of the top 10 crypto funds have already bought $millions worth of mining contracts

-
Yah exactly. It’s almost impossible to not institutionalize. Everyone knows about it now.
End of conversation
New conversation -
-
-
But cannot bitcoin be replaced by something that's having even more deflationary policy?
-
It’s fixed supply, you can’t do better than fixed supply.pic.twitter.com/xacR2WTEZc
-
You can have decreasing supply by burning tokens in each transaction
-
I don’t think market would converge around such a deliberate/artificial deflation for decades into the future. This being said BTC is technically deflationary due to ongoing key losses (though number of coins lost per year will likely gradually slow down)
-
Why - for person sending transaction it would matter if they pay $1 to miners or $0.50 to miners and $0.50 to /dev/null I would like to see some more arguments why other than "I don't think so"
End of conversation
New conversation -
-
-
fixed supply (or as close to it as humanely possible) will inevitably win. the market demands it. the world deeply desires it.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.