Re:Bitcoin is dead. Long live bitcoin.
by javert on Wednesday April 24, 2013 @07:47PM
(#5604787)
> Never? It's faaaar too early to make that claim.
It will never be more certain than it is right now. What are you waiting for?
> What if the cryptography is broken?
Sorry, but I trust ECDSA and SHA256. Quantum computers may be a concern eventually, but I think there are mitigation strategies for that.
> Or if another crypto-currency comes along that's demonstrably better, to the point that everyone stops buying bitcoin and starts buying this new currency instead?
What if a unicorn flies out of the sky and starts pooping rainbows? There is no possible crypto-currency that is demonstrably significantly better.
It will never be more certain than it is right now. What are you waiting for?
> What if the cryptography is broken?
Sorry, but I trust ECDSA and SHA256. Quantum computers may be a concern eventually, but I think there are mitigation strategies for that.
> Or if another crypto-currency comes along that's demonstrably better, to the point that everyone stops buying bitcoin and starts buying this new currency instead?
What if a unicorn flies out of the sky and starts pooping rainbows? There is no possible crypto-currency that is demonstrably significantly better.