RE:RE:Bitcoin loosing market share quicklyUnfortunately, that's a
"straw man" argument. Bitcoin may be "finite" but that ignores the literally thousands of other crypto currencies, some of whicn are not "finite"
And if or when the price of Bitcoin gets
"too high", Users will turn those other cryptos, that's how markets work. Price yourself out of any market, and suddenly...
there goes your market. Anything that can be replaced by something else "cheaper"
( remember the definition of "fungible" here ) and still keep its utility,
will be replaced.
Blockchain is still mostly a solution ..... looking for practical applications. Every new technology faces this challenge. One of the first applications of Ethereum will be "Blockchaining" every registered bar of gold at the LBMA and every other recognised vaulting custodian around the world.
Frank knows this, and that's why HIVE is the place to be as "blockchain" starts solving real- world application needs.
greendaze wrote: I Just remember, Bitcoin is finite . .