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A comment on Bitcoin ‘Ought to Be Outlawed,’ Nobel Prize Winner Stiglitz Says. Parent comment

Re:Bitcoin ‘Ought to Be Outlawed,’ Nobel Prize Winner Stigli... by psyc on Wednesday November 29, 2017 @08:22PM (#15812585)
There are more than 1000 cryptocurrencies. One of them must have the properties you're looking for.
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Re:Bitcoin ‘Ought to Be Outlawed,’ Nobel Prize Winner Stigli... by nrhk on Wednesday November 29, 2017 @08:47PM (#15812747)
Not a single one of them has the ability to scale. At least nothing close to production ready.

You have the PoS folks, IOTA's got an interesting strategy and some other paradigms but for now its still conjecture. Decentralized distributed technologies will likely always be slower than centralized monoliths.

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Re:Bitcoin ‘Ought to Be Outlawed,’ Nobel Prize Winner Stigli... by mrgordon on Wednesday November 29, 2017 @11:22PM (#15813456)
Its on the 2018 roadmap for pretty much every (non-ICO-pump-and-dump) coin.
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Re:Bitcoin ‘Ought to Be Outlawed,’ Nobel Prize Winner Stigli... by mvindahl on Thursday November 30, 2017 @03:20AM (#15814204)
Really? 1000+? That's crazy.

There is a great irony in the fact that cryptocurrencies are designed to be finite in size to ensure their value, yet the number of potential cryptocurrencies in the world is pretty much infinite.

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Re:Bitcoin ‘Ought to Be Outlawed,’ Nobel Prize Winner Stigli... by Retra on Thursday November 30, 2017 @03:05AM (#15814139)
Just because 1000 of something exists doesn't mean they have every property among them.
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