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RE: Bitcoin Maximalists: Why you shouldn't be one

in #bitcoin8 years ago

This is another great article. Thank god for the follow button!

I think you pretty much hit the nail on the head. One thing that I dont think you've put enough emphasis on is Bitcoin's trust level. Which is weird to speak of in a trustless industry. But having been around for 7 years gives it a feeling of security. I feel that Bitcoins days are numbered. Lack of governance has caused its development to stall. We always knew Bitcoin could only be out done by Bitcoin 2.0 we just didnt expect that to happen so soon!

Ethereum is NOT Bitcoin 2.0, Ethereum is for apps, same as NXT/SUPERNET/WAVES/LISK or whichever you choose. But Dash is simply Bitcoin evolved and by 2018 it will have surpassed Bitcoin. My bold prediction!

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@cryptosi looks like your prediction is more or less on track.

Hmmm, Bitcoin has definitely lost dominance, but Dash has also not grown at the speed i expected and it has also developed it's own governance issues. Have a look at this post I made, Seems Iconomi and Melon have already built one of the predictions for new DAOs .... https://steemit.com/dao/@cryptosi/5-interesting-business-areas-for-daos-in-2017

I haven't heard much about Dash's governance issues. Can you tell me more or point me to some resources? A lot of the information that I get about Dash is paid by Dash... which is good for marketing and everything, but there's obviously a bias. And I notice a lot of the critics harp on with the same tired points, so I got tired of listening to them. So if you've got a fresh perspective that would be much appreciated.

Yes, that's very important. Bitcoin has survived so long, and so people have faith that it will continue.

I'm holding a bit of Dash... I might have to get a bit more.