What are actual advantages of Bitcoin beside it being first and largest?
Bitcoin certainly is the most widely adopted cryptocurrency, which is a huge advantage. On the other hand it has some very serious flaws (energy inefficiency, scalability problems, high fees). There are many altcoins that address these issues, some do it better, some do it worse. So here's my question: would Bitcoin really be that good if not for a head start? If yes, why? If no, shouldn't we move towards technically better solutions while it's still early?
Not trying to hate on Bitcoin, I think it's a revolutionary tech, but I have a feeling that in future's history it will be in the same ship as direct current.
[link] [comments]
from Bitcoin - The Currency of the Internet https://ift.tt/3heQN6m
No comments