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A comment on Flaws in Bitcoin make a lasting revival unlikely. Parent comment

Re:Flaws in Bitcoin make a lasting revival unlikely by siwatanejo on Thursday March 28, 2019 @10:38PM (#19518680)
> Replace "new method of prospecting" with "new blockchain"

Note I said bitcoin, not cryptocurrencies. I completely agree with you here, shitcoins will always be shitcoins.

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Re:Flaws in Bitcoin make a lasting revival unlikely by AnthonyMouse on Friday March 29, 2019 @02:15AM (#19519539)
But Bitcoin is a cryptocurrency. Every new shitcoin competes for investment and usage and devalues all other cryptocurrencies, including Bitcoin, to the extent that it succeeds.

And nothing has dethroned Bitcoin yet, but that isn't a law of nature. One of the others could become dominant. Even if Bitcoin then continued to exist and be used, that would devalue it substantially.

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