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lawrencehwhite1's profile
Lawrence H. White
Lawrence H. White
Lawrence H. White
@lawrencehwhite1

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Lawrence H. White

@lawrencehwhite1

Studying private currencies since before they became cool.

Fairfax, VA
alt-m.org/author/white/
Joined November 2014

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    Lawrence H. White‏ @lawrencehwhite1 Jan 9

    Lawrence H. White Retweeted Cato CMFA

    Are exchange rates among cryptocurrencies indeterminate? Is Bitcoin's market share easy prey for clone currencies? No and no, I argue, because clones with small networks are not perfect substitutes for Bitcoin. That's why new coins have to innovate.https://twitter.com/CatoCMFA/status/1083005098584875010 …

    Lawrence H. White added,

    Cato CMFA @CatoCMFA
    In Alt-M, @lawrencehwhite1 discusses how arguments that cryptoassets are perfect substitutes disregard the importance of network effects. https://is.gd/NtUX9j  pic.twitter.com/vFyEJ5ZeeR
    7:39 AM - 9 Jan 2019
    • 13 Retweets
    • 26 Likes
    • Peter Abilla BMac nixsin, maybe nick Peter Šurda Francis Corvino CX Adrian Sargento Mathias Jimenez .: :.
    2 replies 13 retweets 26 likes
      1. Jonathan Hamel  ⚡‏ @jhamel Jan 9
        Replying to @lawrencehwhite1

        Innovation already happened. https://medium.com/@jimmysong/why-bitcoin-is-different-e17b813fd947 … @jimmysong

        0 replies 0 retweets 1 like
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      1. The Pleb Whisperer‏ @Kediri_020 Jan 9
        Replying to @lawrencehwhite1

        Problem for competitors is that Bitcoin can adopt the viable innovation new coins provide.

        0 replies 0 retweets 0 likes
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