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RE: Changing your mind about cryptos isn't easy...

in #bitcoin7 years ago

The problem with the crypto space is everyone seems to be looking for one coin to rule them all. That is plain daft, imagine running the entire global economy on one piece of code, any flaw or exploit ruins the global system. Much better to have coins that cater to segments, just like we have many currencies today. I can imagine AI multiwallets that figure out which currency is the best to use.

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I agree. I am actually thinking of working on a protocol that allows for a network of thousands of blockchains to communicate and transfer value... Even one industry doesn’t have to be dominated by one coin.

Exactly, match sender and receiver preference coins, look at lowest fees, fastest tx and do all the hard work in the background