With infinitely reducing market caps because they don’t offer much new and the niche has been already filled. Does BItcoon Interest have the same evaluation, adoption, brand recognition, decentralization as Bitcoin/Bitcoin Cash? Then its creation does not dilute their supply. Does some new coin offer better tech and manages to garner enough demand on the market? Good, then it should and will outcompete them.
Fags
Ryder Wright
Justin Stewart
Yes. There has been no real normie pain. Crypto is still a toy.
The crypto bubbles have been real though, the tulip one was not.
smithsonianmag.com
Zachary Kelly
No, its not a computer science breakthrough. Do some research not inside the bubble of crypto charlatans and you will find that the most bearish people on blockchain technology are actual distributed systems engineers. Blockchain has O(n) network cost for transactions for christ’s sake. The only reason it has any value at all is because computer illiterate people like you keep parroting what others are saying
Connor Roberts
it's a new paradigm
Jason Morgan
Please does someone have the original tweet? It's still the best
Juan King
You mean this?
Jaxson Jackson
>tulips
>unlimited asset
>finite supply creates value
Isaiah Mitchell
crypto is a speculative bubble, but to replicate anything like tulip mania we'd have to crash from $19,000 straight to $300 in one month's time
Blake Brown
Actually, the particular tulips being traded had a rare mutation that made them less robust but also multi-colored. Like apples, you can't just plant tulip seeds and get the same tulip you planted. It shuffles genetically.
So, these mutant multi-colored had to be grown from bulbs of previous tulips and since they were genetically damaged, there was indeed a limited number of generations before they were simply too sick to grow.
The assumption of value was based on the fact that relatively healthy bulbs could be preserved by not growing them or, indeed, could theoretically be used to produce additional tulip bulbs through cultivation.
I mean, they're not exactly cryptocurrency but the metaphor isn't as strained as it might seem.
Ayden Murphy
Doesn't have to be perfect to be a breakthrough bro. Seems you don't know shit about tech in general if you think like that. It's never perfect especially in the beginning. You're clearly just parroting what some faggy little engineer friend of your's said without actually knowing anything about the subject yourself.