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2016-01-29 14:25:36 Post No. 1067034
Post No. 1067034
"The Internet won't last but the underlying TCP/IP protocol will." -Bill Gates
Ok, he didn't really say that but that's about as stupid a statement as all of these "I don't like Bitcoin (because media told me not to) but the underlying blockchain technology is awesome" articles.
Bitcoin is the only blockchain technology that has over a million dollars of security being pumped into it daily. Trying to use something else is as senseless as trying to create your own TCP/IP network that does not connect to the Internet. It might be useful for experimentation for some specific project, but it will never take over the Internet or even really be of much use to anyone but your small project.
Here are the seven network effects of Bitcoin, and here's why you should kill yourself if you are holding anything that isn't Bitcoin long term.