GM #plebs
This morning I started with a discussion.
A friend of mine keeps questioning Bitcoin, and I kinda have to admit that I can’t really blame him for doing so.
Today he was talking about how the last BTC will be mined in about a 100 years from now. But do they keep in mind that computers and chips and mining rigs will keep evolving and all that? Gotta say, that is the only thing that scares me about Bitcoin: quantum computers.
What if someone, or a group of people “invented” a new, better Bitcoin. Why would BTC stay the number 1 coin?
He compared that to a factory that designed 10.000 cars in 1960. Why would those cars be the better option than todays cars?
I kept telling him about how BTC is the best decentralized option, no one is in charge, it is calculated in scarcity, and best in scalability. Those are kind of the three arguments I could come up with. Plus it’s the biggest network to this day, would be very hard to overtake that.
So why can’t a newer, better Bitcoin be created nowadays?
Hard to admit, but I kinda get his arguments, tho I know that he is wrong, but I can’t really prove him wrong.
What are your arguments according to that?
#bitcoin #btc #scalability #plebchain #discussion #arguments #btconly
belgianbitcoiner / Belgian Bitcoiner
npub1c0…ns0qs
2023-07-19 09:18:09
Author Public Key
npub1c0mpgcqpvffz4wmd0cmx8dzxtm9fukyz5yugx0n73fzzptlusnfqrns0qsSeen on
wss://relay.noswhere.comPublished at
2023-07-19 09:18:09Event JSON
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"content": "GM #plebs \n\nThis morning I started with a discussion.\n\nA friend of mine keeps questioning Bitcoin, and I kinda have to admit that I can’t really blame him for doing so.\n\nToday he was talking about how the last BTC will be mined in about a 100 years from now. But do they keep in mind that computers and chips and mining rigs will keep evolving and all that? Gotta say, that is the only thing that scares me about Bitcoin: quantum computers.\n\nWhat if someone, or a group of people “invented” a new, better Bitcoin. Why would BTC stay the number 1 coin?\nHe compared that to a factory that designed 10.000 cars in 1960. Why would those cars be the better option than todays cars? \n\nI kept telling him about how BTC is the best decentralized option, no one is in charge, it is calculated in scarcity, and best in scalability. Those are kind of the three arguments I could come up with. Plus it’s the biggest network to this day, would be very hard to overtake that.\n\nSo why can’t a newer, better Bitcoin be created nowadays? \n\nHard to admit, but I kinda get his arguments, tho I know that he is wrong, but I can’t really prove him wrong.\n\nWhat are your arguments according to that?\n\n#bitcoin #btc #scalability #plebchain #discussion #arguments #btconly",
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