Re:That which does not kill Bitcoin makes Bitcoin stronger
by atmosx on Wednesday February 26, 2014 @07:41PM
(#7309434)
I believe that too. I don't know if bitcoin is going to be still here in 100 years. But I'm sure that it will play an important part in whatever new will be shaped out of this.
Economics apart, the protocol is a huge breakthrough.
Right now we're witnessing a technological race to mass adoption for cryptocurrencies. Any hit to a specific cryptocurrency means that a certain number of users will switch to the alternative goods. In these types of races (e.g. Iridium, Betamax, etc.) that means an eventual death.
While Bitcoin most likely won't be mass adopted because of liquidity issues, that doesn't mean another implementation of cryptocurrency won't be able to overcome that.
Certainly, a hurt that doesn't kill bitcoin doesn't make it stronger.