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RE: WIN 500 SP - DISCUSSION: "Should Bitcoin Just Be a Currency or Store of Value?"

in #bitcoin8 years ago (edited)

The answer is not as simplistic and dualistic. Bitcoin is much more complex. It is both technology and social phenomenon. It already is a currency and will stay this way, and it should also be a store of value. Most importantly, it is social experiment in freedom.
You are good example of this freedom Mr. Thecryptofiend ;-)
Without it, there would be no Steemit, and you would probably not have a chance to express your true creative writing potential and taste the freedom of being in control over your future.

But I agree that there is no point on building crypto projects on its blockchain on it (like counterparty). There are other cryptocurrencies built separately that can offer solutions and concepts that bitcoin lacks, like Ethereum for example, etc.

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Yes but that kind of makes the point that Bitcoin doesn't need to be all things to all people - we have other cryptos to do specific things and do it better.

I agree. In does not and should not :-)