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A comment on Beyond the Bitcoin bubble. Parent comment

Re:Beyond the Bitcoin bubble by tway9595 on Tuesday January 16, 2018 @03:05PM (#16161836)
>You lived through the 80s and 90s right? I can't count how many times in my life I was told no one would ever need a computer in their house, we've gotten along for decades just fine without them. No one will ever buy books online, that's ridiculous, you can go to the store and have one right now. The internet is just a niche chat program that will never have any use in business, etc.

Why do you assume that Bitcoin is one of these few winners, rather than the multitude of losers? The default position should be "failure"; it's not irrational.

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Re:Beyond the Bitcoin bubble by v64 on Tuesday January 16, 2018 @03:07PM (#16161857)
> Why do you assume that Bitcoin is one of these few winners, rather than the multitude of losers?

I didn't state that Bitcoin would be a winner, and in fact stated in my comment that Bitcoin may cease to exist as a software product. My criticism is more directed toward those who don't believe the blockchain is a useful data construct and that the research taking place today into blockchains and cryptocurrencies are a dead end.

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