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RE: Bitcoin will likely take 1 of 3 paths

in #bitcoin7 years ago (edited)

Someone who has created these 3 path seem to have a very shallow understanding of blockchain technology, and its potential, capabilities.

Both Path #1 and #2 both has valid reasons to happen, while #2 seem to have the most odds to be a major route of these two. But at the same time there are SO MANY MORE other path to be realistic (As we see it from today) Many more will arise with time going, some of those routes we do not even imagine today.

#3 IMHO simply does not stan the water. It is just like another BS crap from Jammie Dimon.

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I'm sure the holders of tulip bulbs thought the exact same way.

You seem unwilling to even entertain the idea.

I agree with onealfa in that it seems Bitcoin has more than three possible future routes. I guess it is connected to blockchain technology, but I don't understand the connection between the blockchain and Bitcoin's price. Can anybody help me understand how more blockchain development leads to higher Bitcoin price (if it does)?

I'm thinking of BTC as early day web with text, images, flash videos and hyperlink. My view of Bitcoin is that it's a prototype or a Minimum Viable Product. It would end up more like one of those old FPS multiplayer games which pioneered a whole genre that's still being played by a tiny community of people. BTC is a stepping stone. Most crypto coins in the Top 100 are far superior to Bitcoin. Eventually BTC will loose the mojo of its first mover advantage and eventually be phased out in favor of faster, cheaper, private coins with tons of extra features like Dash, NEM, PIVX or some other yet to be created coin.

Bitcoin is a technology; a software. It's like Windows XP or dial-up internet. Technology always get old and get replaced. Period. BTC will end up like those old multiplayer games. We'd see BTC running few nodes and doing few Mega hashes being presented to the world like a part of a digital museum. I think this would happen in 10 years +/- 3 years.

I agree what you said

In 10 Jahren gibt es ..............................
in 5 Jahren gibt es ................................
wer weis das schon?

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