Re:Bitcoin climbs to $10k
by noir_lord on Saturday June 22, 2019 @08:07AM
(#20249156)
> but how would that be good for Bitcoin?
It generates hype for cryptocurrencies generally and bitcoin is the most well known of those.
I mean long term Libra is a potential competitor (if it ever gets that far, I have my doubts).
That said I've maintained crypto is insane from the start, the technology is interesting but it seems like a classic solution looking for a problem (and it suffers from the "if it is better, is it so much better to overcome inertia).
It generates hype for cryptocurrencies generally and bitcoin is the most well known of those.
I mean long term Libra is a potential competitor (if it ever gets that far, I have my doubts).
That said I've maintained crypto is insane from the start, the technology is interesting but it seems like a classic solution looking for a problem (and it suffers from the "if it is better, is it so much better to overcome inertia).